Xcel approves solar power project

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DENVER (AP) Xcel Energy plans to buy power from a $200 million solar installation to be built near its power plant in Pueblo County.

The move is part of the energy company's move to focus on large-scale solar power, which the utility says is two to three times more cost-effective than rooftop solar power.

The Denver Post reports rooftop solar installers and leasing companies are upset with Xcel's actions.

The project is being built by Radnor, Pa.-based Community Energy, which has solar projects in 10 states, including Colorado.

The project is expected to meet most of the 170 megawatt solar generation goal in Xcel's current renewable energy plan. The plan was approved by the Colorado Public Utilities Commission in December 2013.

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