Tessera Solar North America Signs 27-MW PPA

Tessera Solar North America announced the signing of a 20-year Power Purchase Agreement (PPA) with CPS Energy to develop a 27-megawatt (MW) solar project in West Texas, using the SunCatcher power system manufactured by Tessera Solar's sister company, Stirling Energy Systems (SES). This is the first PPA to be signed by the company since NTR's investment of US $100 million in Tessera Solar and SES in March 2008.