for power about 160
WASHINGTON, Dec. 7 (Xinhua) U.S. Warren Buffett ‘s MidAmerican Energy Holdings Company announced Thursday , with the first solar equipment company signed an agreement to acquire the latter valued at more than $ 2 billion Tuopo Zi solar power plants.
This solar power plant located in southern California , the project started in November this year , is expected to be completed by 2015 , production capacity is expected after up to 550 million watts , is one of the world’s two solar power generation capacity equivalent to half the nuclear reactors, for power about 160,000 California residents . Meanwhile, the plant can reduce emissions of 377,000 tons of carbon dioxide annually , equivalent to 73,000 vehicles carbon emissions.
MidAmerican Energy Holdings Company chairman , said in a statement Geleigeai Boolean , involved in solar power industry is a strategic decision to strengthen renewable energy development and utilization .
Acquisition news release , the first solar stock prices.
Buffett believes that investment in public utilities The first nine months of this year , Buffett from the public utilities and energy companies to obtain $ 888 million revenue increase of 13% over last year .
MidAmerican Energy Holdings Company is a major U.S. wind power company , also holds a Chinese company BYD new energy companies.