My emphasis below..."Buffett sees strong support for solar...

My emphasis below...

"Buffett sees strong support for solar project

* Published 11:18 AM, 2 Mar 2012

MidAmerican Energy Holdings Co, a subsidiary of Warren Buffett’s Berkshire Hathaway, is set to offer a second round of bonds to finance its $2.4 billion Topaz Solar Farm in California, according to Bloomberg, following stronger-than-expected demand from investors for the first public issuance of debt for a US photovoltaic power project.

Following the success of the first offering, it is expected the second tranche will cover the funds MidAmerican needs to complete the 550-megawatt project.

Investor demand shows the growing appeal of renewable energy projects.

“The Topaz bond illustrates the deep and attractive source of financing available in the bond market to fund the construction of renewable-energy projects,” Chris Yonan, a project finance director at Barclays Capital, said in an interview with Bloomberg. “There are a lot of takeaways here for wind and other segments of the renewable energy market. It’s our hope that more and more of these deals get done.”"

http://www.climatespectator.com.au/news/buffett-sees-strong-support-solar-project

This project is costing $4.36 million per MW, and (presumably) will only generate during the day. (The first EVM solar tower will be approx. $4 million per MW.)