News

Solar Project Gets Loan Guarantee

View Comments
solar
tate south Tate South
Email Tate at tate.south@cbsradio.com
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

(Washington, DC)  —  The Energy Department has guaranteed a $737-million loan for Nevada’s largest solar project.  The Crescent Dunes plant near Tonopah in central Nevada will provide 600 jobs.  Power from the 110-megawatt plant has been committed to NV Energy in a 25-year deal.  The plant’s general contractor has agreed to pay damages if the facility is late or doesn’t perform well.  Crescent Dunes will take about 30-months to complete.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,079 other followers