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First Public Auction for Solar Energy Rights on Federal Lands Draws no Bids
" ... Federal officials are trying to figure out why the Bureau of Land Management's first-ever auction of public land for solar-energy development failed to attract any bids.
According to the Denver Post, no bidders showed up for the first auction for three parcels of land in Colorado's San Luis Valley, even though five solar development companies had expressed interest in the land.
Three parcels covering 3,700 acres in so-called solar-energy zones were offered on Thursday. The bureau has created 19 zones for large solar projects in six Western states, encompassing nearly 300,000 acres, the newspaper reported.
Industry officials attributed the auction's failure to uncertainties about the solar energy market and federal regulations. ... "
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