By AZRE
The West Valley is emerging as the hottest spot in a state of hotspots, according to Vermaland, a Phoenix-based land banking and land-development company.
Approximately $7 billion worth of solar power plants have been constructed and are operating on approximately 15,000 acres in the West Valley, according to Kuldip Verma, CEO and founder of Vermaland. The consuming of the 15,000 acres by solar occurred at a time when solar technology was not cost competitive.
Now it is one of the cheapest technologies. Over the next 10 years the solar power plants are poised to consume much more than 15,000 acres used in the past 10 years – creating a shortage of available private land.
