First Solar ‘Confident’ of Price Accord on Biggest Solar Plant

First Solar Inc., the U.S. company planning the world’s biggest solar-power plant in China, is “reasonably confident” China’s government will set electricity prices high enough to make the project viable, a spokesman said.

The company, which announced the project in September and missed its planned start of construction in June, is still negotiating the “economic conditions” of the power plant with China, said Brandon Mitchener, a Brussels-based spokesman for the Tempe, Arizona-based solar-equipment manufacturer.