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NY. Developer Close to Securing $350M Loan

A New York-based independent power developer is close to securing a $350 million federal loan guarantee that will directly finance part of the construction of a major renewable energy transmission line.

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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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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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This Week in Green Energy: China Green Comes to Texas

Will U.S. power consumers ever rely on Chinese green power for their electricity? This notion, that just a few years ago seemed far fetched, will likely become a reality.� On Tuesday, Chinese wind turbine maker A-Power Energy Generation Systems received Chinese regulatory approval to proceed with a 600 megawatts, $1.5 billion wind farm to be…

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NextLight Signs PPA with NV Energy For 50 MW Solar Project

Nevada power utility NV Energy has agreed as part of a 25-year power purchase agreement (PPA) to buy the output of NextLight Renewable Power’s 50-megawatt Silver State Solar Power photovoltaic facility, located near Primm, Nev.

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