Now viewing all posts tagged DOE Loan Guarantee

The Week in Green Energy: Chu Testimony will be Political Theater at its Best

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Exelon Acquires California Solar Project

Chicago-based Exelon has acquired First Solar’s 230-megawatt Antelope Valley Solar Ranch project in Los Angeles County. The $1.36 billion project is backed by a $646 million loan guarantee from the Department of Energy. Exelon is expected to finance the balance of the project’s costs — $713 million — on its balance sheet. As part of the agreement…

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The Week in Green Energy: On Solyndra: Saving the Baby, Throwing out the Bathwater

The Solyndra bankruptcy is tailor-made for Capitol Hill Republicans anxious to give the Obama administration a political black eye. A series of emails leaked to the press suggest the White House tried to rush approval of the $535-million loan guarantee the Energy Department awarded Solyndra. Then, when congress asked company executives about the government-backed loans,…

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NextEra Closes $935M Solar Thermal Debt

NextEra Energy Resources has closed a $935 million financing supporting the construction of its 250-megawatt Genesis solar thermal project in Riverside County, Calif.

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DOE Offers Abengoa, NextEra $2B Guarantees

Spanish developer Abengoa Solar and NextEra Energy Resources have received conditional commitments on a combined $2 billion in Department of Energy loan guarantees supporting the construction of two concentrating solar power (CSP) projects in California.

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