Solar power plant receives federal loan

The U.S. Department of Energy on September 13 announced the department finalized a $1.2 billion loan guarantee to Mojave Solar LLC for the development of the 250 MW Mojave Solar Project (MSP) in California.

When complete, the solar generation project, owned by Abengoa Solar, will increase the nation’s currently installed concentrating solar power capacity by approximately 50 percent, according to DOE.

Pacific Gas & Electric (NYSE: PCG) signed a 25-year power purchase agreement for the output from the project.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...