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PV2 Energy, LLC ("PV2 Energy") acquired the Panoche Valley Solar Farm project from Solargen Energy, Inc. ("Solargen").

PV2 Energy believes that Panoche Valley Solar Farm represents a unique opportunity to build a project that will make a significant contribution toward California's growing demand for sustainable, renewable energy while also bringing new jobs and economic development to San Benito County. PV2 Energy will commit the resources necessary to bring the Panoche Valley Solar Farm to reality and enthusiastically embraces the project's commitment to create local jobs in San Benito County.

In November 2010, the San Benito County Board of Supervisors certified the Panoche Valley Solar Farm's Environmental Impact Report (EIR) which brought the County into compliance with the California Environmental Quality Act (CEQA). The County also granted a Conditional Use Permit (CUP) for the project's construction.