Updated at 12:05 p.m. PT with additional details from a conference call with reporters, and correction added on the shape of eSolar's mirrors.
Power plant operator NRG Energy on Monday announced a deal with start-up eSolar to build 11 solar power plants in the Southwest U.S.
The agreement will lead to 500 megawatts' worth of solar energy production at peak capacity, enough to power 400,000 homes, according to the companies. The first plant is expected to be operating in 2011. The size of a traditional natural gas or coal power plant is roughly between 500 … Read more