Solarhybrid and FIrst Solar in Potential JV

DFN: Great properties, though mostly permitted for CSP, they’ll have to be repermitted for PV, and since PV is less invasive than CSP they in all likelihood will be re-permitted.

Solarhybrid, First Solar May Buy Solar Millenium U.S. Projects

By Christopher Martin – Nov 16, 2011 7:33 AM PT .

Germany’s Solarhybrid AG (SHL) has asked First Solar Inc. (FSLR) to form a joint venture to help it purchase Solar Millennium AG (S2M)’s U.S. project pipeline. First Solar will provide panels for two plants with total capacity of 1,500 megawatts, Solarhybrid Chief Executive Officer Tom Schroder said today in a statement. He expects
negotiations with Solar Millennium to acquire its entire pipeline, with 2,250 megawatts of planned projects, to be complete by the end of the month. To contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.net

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