Massive solar plant receives $1.45 billion guarantee
The U.S. Department of Energy will guarantee a $1.45 billion loan for the Abengoa Solar Solana project in the Arizona desert.
Photo: psycchic1 "As the world's largest solar plant of its kind, the Abengoa's Solana project is playing an important role in creating jobs and clean energy for Arizona as well as fostering innovation in the U.S.," said Secretary Chu. "As today's announcement and other recent announcements of completed loan guarantees for wind and solar projects demonstrate, the Department's loan program is gaining momentum, creating jobs in communities across the country while putting us on the path to a clean energy future." Source: DOE
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