NEW YORK (Reuters) - Utility Southern California Edison said on Thursday it would spend $875 million to build a network of 250 megawatts of photovoltaic solar power generation, making it the biggest solar cell project in the nation.[...]At 250 megawatts, the installation would be about half the size of the newest coal or natural gas-fired power generation units.
So far, companies behind the largest solar projects have favored solar thermal technology, in which parabolic mirrors are used to concentrate sunlight to heat a liquid that drives a power-generating turbine.
Photovoltaic technology converts sunlight directly into electricity inside the solar cells.
On Wednesday, FPL Group Inc, the nation's largest generator of wind and solar power, announced it planned to build a 250-megawatt thermal solar plant in California's Mojave Desert.
SCE said its new photovoltaic project was possible because recent advances had cut in half the traditional cost of installed solar generation in California.
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