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SolarReserve Gets DOE Financing for 110 MW Project

Santa Monica, Calif., developer SolarReserve has secured  a Department of Energy, $737 million loan guarantee supporting construction of its fully-contracted 110 megawatts Tonopah Solar Energy project in Nevada. The disbursement of the DOE cash caps a nearly three-year process for SolarReserve, which launched development of the Tonopah solar thermal project in February 2008. The DOE…

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Exclusive: California Utility-Scale Developer Eyes Project Sale

A Southern California developer of utility-scale solar power plants has begun preliminary discussions with potential investors about acquiring stakes in two solar projects which are expected to cost a combined $1 billion to develop.

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The Week In Green Energy: Calling For All Available Investors!

Week of April 19 – to – April 23, 2010 This week, biofuel developer Codexis sold shares as part of its much anticipated Initial Public Offering (IPO). The company sold shares for $13, which was on the low-end of the $13 – to – $15 per share range, raising a total of $78 million. The…

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SolarReserve To Wrapup Permitting For 100 MW Nevada Power Plant

SolarReserve, the Santa Monica, Calif., utility-scale solar thermal power developer, says it expects its $550 million, 100-megawatts Tonopah Solar Energy project to be fully permitted by the end of the year. The project is being developed on federal land in Nevada. CEO Kevin Smith says it’s talking to project finance banks, which he declined to…

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