Xcel Energy Inc. (NYSE:XEL) plans to build a 17-megawatt photovoltaic solar power plant in Colorado using cells from SunPower Corporation (NASDAQ:SPWR-A). The plant is expected to be completed by the end of 2010, and the report says this will be the second-largest solar PV plant in North America.
Construction of the plant will employ about 200 people, and is contingent on approval from the state’s Public Utility Commission and “project financing.” That financing most likely will come at least partially from federal stimulus money, although neither Xcel nor SunPower referred to the cost or the financing of the project.
Xcel shares are trading off about 1% this morning, and SunPower is down more than 2%.
Paul Ausick
April 7, 2009
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
