The U.S. Energy Department on Monday said it granted has BrightSource Energy $1.37 billion in conditional loan guarantees, the largest federal loan commitment offered to a renewable company so far.
The conditional loan guarantees are supposed to help BrightSource build three utility-scale solar power plants for its Ivanpah Solar Complex, which will be located on federally-owned [...]
Northern California utility PG&E says it has expanded its already huge purchase agreement with startup BrightSource from 900 MW of solar thermal power to a whopping 1,310 MW. That makes the deal “the largest solar deal in the world,” says BrightSource CEO John Woolard on PG&E’s blog. The previous world’s largest solar deal was a [...]
Read Full Post | Make a Comment ( Comments Off so far )Southern California Edison on Wednesday announced seven purchase agreements for 1,300 megawatts of solar thermal power with BrightSource, a start-up with backing from Google, BP and Chevron, in what’s being billed as the largest solar deal ever crafted.
While price tags weren’t announced for the power purchase pacts, the construction of a 400 megawatt BrightSource solar [...]
BrightSource Energy, Inc., developer of large-scale solar thermal energy plants, has signed a contract with Siemens to purchase the steam turbine generator for BrightSource’s first 100MW plant at its Ivanpah Solar Power Complex in [...]
Read Full Post | Make a Comment ( Comments Off so far )Green Alternative Energy News
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