sPower gets required permits for 500-MW solar project in Virginia

US solar and wind power producer sPower has obtained three special use permits from the Spotsylvania Board of Supervisors for a 500-MW solar project in Spotsylvania County, Virginia.

“I feel confident the Board of Supervisors has addressed all the issues involving this project and that it is safe,” supervisor Greg Benton said in a statement.

The company, which is a joint venture between The AES Corporation (NYSE:AES) and the Alberta Investment Management Corporation, plans to execute the project in phases over the next two years. The scheme is expected to generate more than USD 20 million (EUR 17.7m) in new tax revenue for the county and create some 800 construction and 35 full-time jobs.

Upon completion, the solar plant will produce enough power each year to meet the annual consumption of about 111,000 homes.

(USD 1.0 = EUR 0.884)

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