Tessera Solar has sold its Calico solar energy project in California to K Road Power, an independent power developer focused on utility-scale solar projects.
The move follows Southern California Edison’s plan to terminate an agreement with Tessera to buy power from the proposed Calico solar plant.
The solar-thermal power project, to be built on public land managed by the Federal Bureau of Land Management, was approved by state and federal regulators in October this year.
Tessera Solar said that it continues its efforts with securing project equity and satisfying the required compliance work on the Imperial Valley Solar Project near El Centro, California.