Department of Energy Finances Rooftop Solar, Hydro Power Projects
WASHINGTON — The Department of Energy (DOE) granted SolarCity Corp. a conditional commitment for a $344 million loan to support a record expansion of residential rooftop solar power in the United States.
Under the conditional commitment for the partial guarantee of the SolarStrong Project, the San Mateo, Calif.-based solar service provider will install, own and operate up to 160,000 rooftop solar installations on as many as 124 U.S. military bases in up to 33 states.
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