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Land Resources / News / Arizona

First Solar to pay Mesa $9.8 mil for land

Source: AzCentral.com, by Gary Nelson
August 26, 2011
First Solar Inc. of Tempe is buying about 635 acres of land owned by Mesa in Pinal County, where the company plans to build an electrical-generating station for Salt River Project.

The purchase price is about $9.8 million, or $15,433 per acre.

The development comes a week after First Solar dedicated its large solar-panel manufacturing plant in southeast Mesa, which is to begin production by mid-2012 with 600 employees. Total employment there could eventually reach 4,800.

Read the complete article from AzCentral.com »

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