星期日, 27 7 月, 2025
Home PV News Solar power plant receives federal loan

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Tesla is set to build its biggest energy storage facility in China

Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an energy storage power station, which will become...

Sungrow launches next-gen hybrid residential energy storage system

China renewable energy solutions company Sungrow Power has revealed its newest hybrid next generation residential energy storage system (ESS), with its the latest in...

Desay Battery Unveils Proactive-Safety-Focused Energy Storage Technologies

On July 23, Desay Battery, a leading global provider of comprehensive energy storage solutions, held its mass production launch event in Changsha, China. The...

India will add 8,500 MWh of storage within the next two years

India Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday that 3,300 MW of Battery Energy Storage System (BESS) projects are in the pipeline...