Department of Energy Offers $2.1 Billion Conditional Commitment Loan Guarantee to Support California Solar Thermal Power Plant

May 4th, 2011 by Clean Energy Experts

Washington D.C. - U.S. Energy Secretary Steven Chu today announced the offer of a conditional commitment for a $2.1 billion loan guarantee to support Units 1 and 2 of the Blythe solar power Project, sponsored by Solar Trust of America, LLC. The concentrating solar thermal power plant includes two units comprising a combined 484 megawatt (MW) generating capacity, an eight-mile transmission line and associated infrastructure….

Source: Department of Energy Offers $2.1 Billion Conditional Commitment Loan Guarantee to Support California Solar Thermal Power Plant.