with lobbies are at the trough by themselves.
http://www.power-eng.com/articles/2011/10/solar-energy-projects-awarded-48bn
-in-loan-guarantees.html
Solar energy projects awarded $4.8bn in loan guarantees
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Sponsored by FLSmidth
Oct 3, 2011
The U.S. Department of Energy finalized $4.8 billion in loan guarantees for
four solar energy projects in California on Sept. 30, the last day of the
loan guarantee program.
The projects receiving loan guarantees are:
· The 250 MW California Valley Solar Ranch Project, sponsored by
SunPower Corp. in California. The project received a $1.237 billion loan
guarantee and will use alternating current (AC) photovoltaic (PV) solar
panels. Pacific Gas & Electric Co. (NYSE: PCG) signed a power purchase
agreement for the project,
· The 752 MW PV rooftop solar project by Project Amp received a $1.4
billion partial loan guarantee. The planned solar plant will be installed on
750 rooftops owned and managed by Prologis in 28 states and the District of
Columbia. NRG Energy is the lead investor in Phase I,
· A $646 million guarantee for the 230 MW Antelope Valley Solar Ranch
One, which was recently acquired by Exelon Corp (NYSE: EXC). AV Solar Ranch
One will use First Solar (Nasdaq: FSLR)'s FS Series 3 PV modules. PG&E
signed a power purchase agreement for the output, and
· The 550 MW Desert Sunlight Project, which received $1.46 billion in
loans. The project is expected to use 8.8 million cadmium telluride
thin-film solar PV modules in two phases. Phase I will generate 300 MW of
electricity that will be sold to PG&E, while phase II will generate 250 MW
of power that will be sold to Southern California Edison.
DOE also awarded a $337 million loan guarantee to help finance the 150 MW
Mesquite I solar PV project in Arizona and a $737 million loan guarantee to
the 110 MW Crescent Dunes Solar Energy Project in Nevada on Sept. 28.
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