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Getting your player ready...

LOS ANGELES — Warren Buffett’s MidAmerican Energy Holdings company has agreed to buy a 550-megawatt photovoltaic farm under construction for $2 billion, giving a huge boost to the solar industry.

The “utility-scale” facility MidAmerican is purchasing is being built in San Luis Obispo County, Calif., by First Solar of Tempe, Ariz. A spokesman for First Solar, Alan Bern heimer, said the farm would produce enough power to provide for the energy needs of 160,000 California homes.

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