Weekly Clean Energy Roundup: October 13, 2010

DOE Loan Guarantee Supports World’s Largest Wind Project DOI Signs First U.S. Offshore Wind Lease DOI Approves First Solar Tower Project on Public Lands U.S. Energy Consumption Up 2.7% for First Half of 2010 DOE Awards Third Grant for U.S.-China Clean Energy Research Center Federal Energy and Water Management Award Winners DOE Loan Guarantee Supports World’s Largest Wind Project On October 8, the Dept of Energy (DOE) announced a conditional commitment for a partial guarantee of a $1.3 billion loan for the world’s largest wind farm, the 845 MW Caithness Energy’s Shepherds Flat project in eastern Oregon. Sponsored by Caithness and General Electric (GE) Energy Financial Services, the project consists of 338 GE 2.5xl turbines, which are being deployed for the first time in North America. Southern California Edison is buying all the electricity through 20-year fixed-price power purchase agreement (PPA). According to Caithness, the project will directly create 400 construction jobs, followed by 35 permanent wind jobs on site, while avoiding emissions equivalent to 212,000 passenger vehicles, or 1.2 million tons of carbon dioxide a year. The Shepherds Flat project is the largest project to date to receive a conditional commitment for a loan guarantee under the Financial Institution […]

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