DOE finalizes a $967M loan guarantee to support the Agua Caliente Solar Project
5 August 2011
The US Department of Energy (DOE) finalized a $967-million loan guarantee to Agua Caliente Solar, LLC. The loan guarantee will support the construction of the Agua Caliente Solar Project, a 290-megawatt photovoltaic solar generating facility in Yuma County, Arizona that will use thin film solar panels manufactured by First Solar, Inc.
The photovoltaic generation facility will be one of the largest plants of its kind in the world when completed.
The Agua Caliente Solar project will deploy fault ride-through and dynamic voltage regulation, technologies that are new to photovoltaic solar power plants in the United States. These technologies will improve the reliability and predictability of the electricity supplied to the electricity grid. Pacific Gas & Electric Company will purchase power generated from the project.
TrackBack URL for this entry:
Listed below are links to weblogs that reference DOE finalizes a $967M loan guarantee to support the Agua Caliente Solar Project: