An energy company owned by Warren Buffett's Berkshire Hathaway is buying two large solar projects in California.
MidAmerican, the electric utility, said Wednesday it has purchased the Antelope Valley Solar Projects from SunPower Corp (. )
Based in Los Angeles and Kern in California, the projects convert energy from light into electricity. The companies said the combined projects are the largest solar photovoltaic power development in the world.
The projects are still under development, and are expected to be completed by the end of 2015. They are expected to create 650 construction jobs.
|The Obamacare myth about small business|
|Judge rules Airbnb illegal in New York City|
|Make $30 an hour, no bachelor's degree required|
|Apple grilled about tax havens|
|JPMorgan's Dimon wins by a landslide|