What is it?

The Solar power energy is the technology of obtaining usable energy from the light of the Sun. Solar energy has been used in many ordinary technologies for centuries and has come into widespread use where other power supplies are absent, such as in remote locations and in space.

FPL Energy recently announced that it, together with certain FPL Energy affiliates and Carlyle/Riverstone Global Energy and Power Fund II, has purchased a majority interest in five 30-megawatt (MW) solar energy generating system (SEGS III-VII) assets in the Mojave Desert, CA.

FPL Energy said it will operate the SEGS plants and hold a 45-percent ownership interest in the projects, with Carlyle/Riverstone owning a 49-percent interest and the remainder being held by a group of limited partners.

"The acquisition of the SEGS projects is a continuation of our strategy to own and operate high-quality power generation facilities and further solidifies our position as the leader in clean renewable energy generation," said FPL Energy president Jim Robo. "With these new projects, we are now the largest generator of solar power in the U.S. with 310 MWs.