Bechtel Receives Notice to Proceed for World-Class Solar Facility

FREDERICK, Maryland - November 2, 2011

Company Providing EPC Services for California Valley Solar Ranch

Bechtel has received Full Notice to Proceed for construction of the California Valley Solar Ranch (CVSR) project, one of the largest solar photovoltaic (PV) plants being built in the world. Bechtel is providing engineering, procurement, and construction services for the 250 megawatt (MW) facility located in San Luis Obispo County, north of Los Angeles.

"Upon completion, the California Valley Solar Ranch will produce clean, renewable energy to meet the power needs of approximately 100,000 homes. Equally important, it will be built with minimal impact to the land and habitat," said Ian Copeland, president of Bechtel’s Renewable Power division. "We are honored that SunPower Corporation selected Bechtel to deliver this world-class, large-scale solar facility that will advance the renewable energy industry."

Bechtel began working on the site in August under a Limited Notice to Proceed agreement. Construction of the facility is scheduled to take approximately two years.

Bechtel is a leader in the renewable power industry. In addition to its work on CVSR, the company is currently building the Ivanpah project in the Mojave Desert which is the largest concentrated solar thermal power (CSP) facility ever undertaken.

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.