Florida to get first solar-powered city

by EverythingFinance | April 10, 2009 at 08:35 am
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Florida to get first solar-powered city

WASHINGTON (Reuters) - A Florida utility and a real estate developer are aiming to bring the country’s first solar-powered city to the Sunshine State.

FPL Group Inc’s utility Florida Power & Light is working with the realty group Kitson & Partners to construct what the utility says will be the world’s largest photovoltaic solar plant in a planned, environmentally friendly city near Fort Myers in southwestern Florida.

Called Babcock Ranch, the city will aim to build 19,500 houses and about 6 million square feet of retail, light industrial, and office space when it is completed, the developers said.

The entire project is expected to cost $2 billion.

Syd Kitson, chief executive of Kitson & Partners, said Babcock, which will help create 20,000 jobs, can serve as a model for other communities throughout the nation.

“Babcock Ranch will be a living laboratory for companies, workers and families ready to reap the rewards of innovation,” Kitson said at a press conference introducing the project.

A spokesman for the project said it will be the first solar-powered city because it will use only solar power during the day and produce more solar power than it needs and so will be a net exporter of solar power.

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