Hyundai Heavy Industries to Build Big Solar Plant in Southern Arizona by 2012
|Image: Hyundai Heavy Industries|
|Solar panels by Hyundai Heavy will be sprouting in two small, southern Arizona towns by 2012.|
The Korean company intends to build a 150-megawatt plant in Dragoon, Arizona, and a 25-megawatt plant in nearby Cochise. The plants will reportedly be operational by the end of 2012, says Bloomberg News.
The $700 million project will be completed with the help of a U.S. company, Matinee Energy.
Hyundai Heavy, a shipbuilding company, intends to plop down more solar panels here and in Arizona in the future, resulting in plants that generate a total of about 900 megawatts.
Still, the plants are likely to be the biggest things to hit those towns since the railroad came.