BrightSource, the company building the Ivanpah power-tower project, reportedly picks up bankrupt Solar Trust’s unbuilt Palen solar project.
Solar Trust, which had and then gave up a $2.1 billion federal loan guarantee to build the world’s largest solar power plant, declares bankruptcy.
Solar Trust decides to go with photovoltaics for the massive Blythe solar plant, even though it means giving up a $2.1 billion federal loan guarantee.
California has broken ground on what is called the world’s largest solar power facility that will eventually generate 1,000 MW of clean energy.
The Energy Department has given a $2.1 billion conditional loan guarantee for the construction of the first two phases of the Blythe Solar Power Project.
A federal lawsuit claims the BLM failed to adequate consult with Native Americans before approving six big solar power plants in the California desert.
Solar Trust now has a draft term sheet from the US DOE to finance the gigantic Blythe solar project, which will eventually produce 1,000 megawatts.