First Solar Buys Land Option From Ausra for Topaz Project (FSLR)

First Solar has purchased a land option from Ausra, a deal that First Solar believes will help it secure regulatory approval for a 550-megawatt solar farm in California. Ausra had an option to buy land for developing a proposed 177-megawatt solar thermal power plant in San Luis Obispo County. The Mountain View, Calif.-based company decided to sell that option after it switched its business model...