The US Department of Energy (DoE) says it will guarantee a loan of almost $1 billion to ensure the construction of an Arizona solar farm will go ahead as planned.
Energy Secretary Steven Chu yesterday announced the offer of a $967 million conditional commitment to Agua Caliente Solar, LLC to support the construction of a 290-megawatt photovoltaic solar farm located in Yuma County, Arizona. The facility will use thin film solar panels and will be the largest photovoltaic generation facility in the world when it is completed.
US Department of Energy Guarantees $1 Billion Solar Farm : Renewable Energy News :
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