Prime Sun Power (PSPW.OB) Inks Key Agreements to Co-Develop 100MW Solar Plan in France
Prime Sun Power Inc. operates with the intent to provide solar power, wind power and other renewable energies. The company said it plans to develop, build and operate 500 megawatts (MW) of photovoltaic (PV) solar power generation through the end of 2013. The company today announced it has signed a master acquisition agreement with investment manager DFD Select Group Ltd. and EnWay SAS, and with EnWay, an operational coordinator in the renewable energy industry. Per the agreement, the companies will co-develop up to 100 MW PV plants in France in 2011. Upon grid connection, Prime Sun Power plans to acquire…