Energy Department Offers Nevada Solar Facility Loan Guarantee
WASHINGTON — The U.S. Department of Energy recently announced the offer of a conditional commitment for a $45.6 million loan guarantee for a 20-megawatt AC photovoltaic solar generating facility in Nevada.
The offer, announced by U.S. Energy Secretary Steven Chu, Senate Majority Leader Harry Reid and Nevada Congresswoman Shelley Berkley, will be supported by funding from the 2009 Recovery Act.
The project is sponsored by Fotowatio Renewable and will be developed about 25 miles northeast of Las Vegas.
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