Huge solar farm proposed in New Mexico

Updated: 1:29 p.m. ET May 1, 2006

Two start-up companies and New Mexico plan a $1.6 billion solar power farm that would be 30 times the size of the world’s biggest one now, with enough power for 240,000 homes.

They also plan a factory to make photovoltaic panels for the farm, near the Mexican border in New Mexico, developers said last week as the state approved the project.

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