Flexible Electronics News

DoE Offers Conditional Loan Guarantee Commitments to Support Nearly $4.5 Billion in Loans for Three California PV Plants

Projects expected to create 1,400 jobs and generate approximately 1330MW of installed solar power

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By: DAVID SAVASTANO

Editor, Ink World Magazine

U.S. Energy Secretary Steven Chu today announced offers of conditional commitments for loan guarantees, of approximately $4.5 billion, to support three alternating current cadmium telluride (Cd-Te) thin film photovoltaic (PV) solar generation facilities. The department is offering a conditional commitment for a $680 million loan guarantee to support the Antelope Valley Solar Ranch 1 project, conditional commitments for partial loan guarantees of $1.88 billion in loans to support the Desert S...

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