Solar photovoltaic project gains $967mn loan guarantee

The Department of Energy finalized a $967 million loan guarantee to Agua Caliente Solar LLC for construction of the 290 MW Agua Caliente solar photovoltaic (PV) project in Arizona.

The project, owned by NRG Solar LLC, will use thin-film solar panels from First Solar. Pacific Gas & Electric Co. will purchase power generated from the project through a 25-year power purchase agreement.

The project is expected to be completed by 2014.

Read more solar energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...