March 03, 2011
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Energy & Renewables Newsletter March 03, 2011 |
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| This Week´s Featured News Stories |
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Department of energy finalizes $96.8 million loan guarantee for oregon geothermal project
Energy Secretary Steven Chu today announced that the U.S. Department of Energy finalized a $96.8 million Recovery Act supported loan guarantee to a project sponsored by U.S. Geothermal, Inc. to construct a 23 megawatt (net) geothermal power project in Malheur County, in southeastern Oregon. The company estimates that the project, known as Neal Hot Springs, will create approximately 150 construction jobs, over a dozen permanent jobs and many more supply chain jobs across several states, including Texas, California and Ohio. "Increasing the supply of renewable energy through projects ... |
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Ascent Solar 150MW Manufacturing Facility Project Advances to Due Diligence Review Phase with U.S. Department of Energy
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film solar modules, announced today that it has been notified by the U.S. Department of Energy (DOE) Loan Guarantee Programs Office (LGPO) that Ascent’s loan guarantee application for its proposed 150MW FAB3 project has been selected to advance to the LGPO’s due diligence phase of review. The project has an approximate value of $375 million, $275 million of which would be under the loan guarantee program. “We are pleased that the Department of Energy has selected us for advancement of our loan ... |
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