First Solar acquires 150 MWac Solar Gen 2 photovoltaic solar power project

First Solar, Inc. (Nasdaq: FSLR) has acquired the 150-megawattAC (MW) Solar Gen 2 power project from an affiliate of The Goldman Sachs Group, Inc. (NYSE: GS), Energy Power Partners and a third equity partner for the project.

Construction of the facility, which is located in Imperial County, Calif., near El Centro, is expected to start this year and be completed in 2014.