Sunday, February 24th, 2019

Department of Energy Offers Conditional Commitment for Loan Guarantee to Support Solar Generation Project in Nevada

Washington D.C. – U.S. Energy Secretary Steven Chu today announced the offer of a conditional commitment for a $737 million loan guarantee to support a 110 megawatt molten salt concentrating solar power (CSP) tower generating facility. The Crescent Dunes Solar Energy Project, sponsored by SolarReserve, LLC, will be the first of its kind in the United States and the tallest molten salt tower in the world.

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