A new solar power plant in South Carolina will produce enough electricity to power nearly a million homes and businesses, and a new solar panel project is going to get more than 100,000 jobs.
In December, solar developer BrightSource announced that the solar panel installation at the Bonanza Power Plant would generate enough electricity for the entire town of 100,300 people, with a combined total of nearly 7,000 construction jobs.
The solar power station was built with state-of-the-art panels made by U.S. firm Siemens and is scheduled to be completed by March of 2021.
The Bonanza project is part of BrightSource’s broader efforts to bring new solar energy to the area, which has been plagued by frequent power outages.
A solar panel is just one piece of Brightsource’s array, which includes more than 20 other solar panels.
BrightSource plans to build a total of 200,000 solar panels throughout the state by 2021, which it hopes to provide electricity to over 100,00 homes and to over 10,000 businesses.
The Bonanza plant will also be the largest solar panel array in the world, with BrightSource saying that the power plant will generate a total power of nearly 9 million kilowatt-hours (kWh) per year.
The project will also employ roughly 2,500 people, making it the third largest in the state.
BrightSource says that the project will provide an annual return of up to 6 percent on its energy portfolio.
Solar panels are an efficient way to power the homes and offices of BrightVia customers, as they can provide a steady source of power for the household or office.
Brightsource says that its project will be the second solar power project in South America and will generate up to $5 million in revenue for the company, as well as a $1.5 million donation from the United States Department of Energy.
The company says that it plans to open the project by 2019, though there is no firm timeline for the opening.
The Bonanzas solar project is not the only solar project in the region that has generated jobs, as BrightSource has also signed an agreement to build solar power projects in Chile, Uruguay, and Costa Rica.
Brightsource has a presence in Costa Rica, but has only recently started building in the country.
The South Carolina project is the first in the United Kingdom, which is another area where solar panels are expected to play a role in the future of the energy industry.
BrightSOURCE has been a major player in the UK’s solar industry since 2011, when it partnered with UK-based company BrightPower to build an array of over 100 megawatts of solar power that it hoped to sell to customers in the U.K.
In the United Arab Emirates, BrightSource is also partnering with Emirates-based Powerstream Power, which plans to begin constructing a solar power power plant that it hopes will be ready to build by 2019.