Weekly Clean Energy Roundup: February 24, 2010

$1.4B in Loan Guarantees to BrightSource Energy EIS Issued for 750 MW Solar Two Project Biofuel Options Expand as Science Taps New Sources U.S. Utilities Spent $5.3B on 2009 Efficiency Programs Winter Olympics Sets Public Transit Records Copenhagen Accord Pledges Fall Short $1.4 Billion in Loan Guarantees to BrightSource Energy DOE announced on February 22 its conditional commitments for $1.37 billion in loan guarantees to BrightSource Energy, Inc. in support of the construction and start-up of three utility-scale concentrated solar power plants (CSP) in the Mojave Desert of southeastern California. The loan guarantee is funded under the Recovery Act and is predicated on BrightSource meeting financial and environmental requirements. The Bureau of Land Management (BLM) is leading a federal review of the project with support from DOE. Pending local, state, and federal regulatory approval, the plants will generate 400 MW of electricity. This output would nearly double the existing generation capacity of U.S. CSP facilities. The Ivanpah Solar Complex will be located on federally owned land near the Nevada border and will be the world’s largest operational CSP complex. BrightSource will employ solar tower technology, using thousands of flat mirrors, or "heliostats," to concentrate the sun’s heat onto a receiver […]

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