"Our technology, service, and financing
partnership with CPV’s Valley Energy Center is a model for how Siemens can
provide efficient, reliable, and low-carbon power while meeting clean energy
goals.”
Siemens technology provides
reliable power to over 650,000 households and reduces the region’s dependency
on older and less efficient generators.
The plant is expected to reduce
annual electricity costs to consumers by a forecasted $700 million while
reducing carbon emissions by an estimated 500,000 tons a year.
