260 MW Of SolarReserve Solar Thermal Projects Proceed To Final Stages Of Financing SolarReserve, a developer of utility-scale solar power projects, says it is proceeding with purchases of long-lead materials and equipment as it advances in financing arrangements with the U.S. Department of Energy’s (DOE) loan-guarantee program for its Crescent Dunes Solar Energy Project in [...]
Solar Trust of America, LLC today announced that its project development subsidiary, Solar Millennium, LLC, has secured a Record of Decision (ROD) from the Department of Interior’s Bureau of Land Management (BLM) approving the Blythe Solar Power Plant’s Right of Way Grant. The ROD is the final regulatory milestone in the federal permitting process and [...]
Recovery Act Funds to Support New Renewable Energy Manufacturing Projects Washington D.C. — Energy Secretary Steven Chu recently announced a new loan guarantee solicitation for renewable energy manufacturing projects. The Commercial Technology Manufacturing Systems and Components solicitation is supported by the American Recovery and Reinvestment Act through Section 1705 of the Loan Guarantee Program. The [...]
One of the prime stumbling blocks in developing solar and wind energy has been dealing with siting and permitting issues on federal lands. The Obama Administration targeted significant monies in the 2009 stimulus bill (ARRA) for wind and solar projects that begin construction by the end of 2010 and Secretary Salazar put in place directives [...]
Washington, DC – President Obama announced Saturday in his weekly video address that DOE has offered a conditional commitment for a $1.45 billion loan guarantee to Abengoa Solar, Inc. The loan will support the construction and start-up of Solana, a 250 net megawatt (MW) concentrating solar power (CSP) plant in Arizona. “After years of watching companies [...]
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