A New Solar Los Angeles County is Creating Land Investment Opportunities at Market Lows

Los Angeles, CA (PressExposure) July 03, 2009 -- There have been various news reports regarding an expansion of Solar Energy production in the Southwest and primarily in Los Angeles County. The Mayor of Los Angeles Antonio Villaraigosa in his recent State of LA speech called The “Solar L.A.” plan “a commitment to Angelenos that the Department of Water and Power will install over 1200 megawatts of solar power over the next five years, ensuring that we become a solar powerhouse.”

The U.S. Interior Department this past Monday designated about 670,000 acres of land as potential areas for solar energy production. The land will be divided into 24 solar energy zones spread across six western states and could generate nearly 100,000 megawatts of solar electricity. The department will evaluate the possible environmental impacts of solar production in these areas as well as their energy resources. This energy zone will encompass the States of Colorado, Arizona, Nevada, California and New Mexico.

A Solar Energy company has bought hundreds of acres of land outside of Lancaster, California. Their Alpine SunTower project is underway to produce 192 gigawatt hours of electricity yearly in an agreement with PG&E and NRG Energy. It is projected to handle the consumption of thirty thousand homes. The plant is scheduled for completion in 2012. In addition, the California Public Utilities Commission approved a twenty year contract late last year between a Solar start up for the local electricity company to purchase up to 245 megawatts of electricity from new solar power plants in the northern Antelope Valley. This project is set to be completed also by 2012.

There is also a significant amount of Wind Energy being produced in the Antelope Valley currently, and now with a number of Solar Energy producers breaking ground in Lancaster and Mojave Ca. the valley is becoming a green energy zone. Many of these Solar Power companies have been buying land outside Lancaster and Palmdale, Ca. in northern Los Angeles County and changing the area from years of vacant unused land to commercial use. This news bodes well for the future economy of Antelope Valley, and for current and future land owners. We think this creates an ideal time and place to buy vacant land in Lancaster, Ca. The Solar Energy Plants have not broken ground yet, so investors can get in now ahead of price increases from this commercial growth.

Vacantlanddeals locates property at or near commercial and residential areas. They find this land from tax and probate sales, from long term property owners, and in market lows.

VacantLandDeals.com was formed to help investors find land investment opportunities at the low end of the market, and in the path of growth. The company can be reached at 213-500-9578 or [http://www.vacantlanddeals.com].

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Contact: Lance Dorman VacantLandDeals.com Los Angeles, CA 213-500-9578 info@vacantlanddeals.com [http://www.vacantlanddeals.com]

About VacantLandDeals.com

http://VacantLandDeals.com was formed to help investors find land investment opportunities at the low end of the market, and in the path of growth.

Press Release Source: http://PressExposure.com/PR/VacantLandDeals.com.html

Press Release Submitted On: July 03, 2009 at 5:16 am
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