According to a statement released, the loans will be used to support three alternating current Cadmium Telluride (Cd-Te) thin film photovoltaic generation facilities. Thin film module manufacturer, First Solar, is said to be sponsoring all the projects and, as such, will provide the modules for them.
Under its offers, the DOE has made $680 million available in the form of a conditional commitment loan guarantee to support the Antelope Valley Solar Ranch 1 project.
If it goes ahead, the project will see 230 megawatts (MW) of photovoltaics installed in the Antelope Valley area of the Western Mojave Desert. Up to 350 construction jobs are expected to be created and 622,000 MW hours of electricity per year generated. The power will be sold to Pacific Gas & Electric Company.
According to the statement, the project will feature "a utility-scale deployment of innovative inverters with voltage regulation and monitoring technologies that are new to the U.S. market".
DOE has also offered conditional commitments for partial loan guarantees of $1.88 billion in loans to support the Desert Sunlight project, which is comprised of Desert Sunlight 250, LLC and Desert Sunlight 300, LLC.
Set to be located on land managed by the Bureau of Land Management in eastern Riverside County, California, the total the project is worth 550 MW. 550 construction jobs are also expected to be created.
The statement goes on to say that construction will occur over two phases. During the first one, 300 MW of photovoltaics will be installed, which will be sold to Pacific Gas & Electric Company. The remaining 250 MW will be built during the second phase and will be sold to Southern California Edison. Overall, 8.8. million Cd-Te thin film modules will be used.
Finally, conditional commitments for partial loan guarantees have been offered to Topaz Solar Farms, LLC, to support its 500 MW photovoltaic project. Again set to be located in California, in eastern San Luis Obispo County, 500 jobs should be generated. During this project, over 8.5 million First Solar panels are expected to be used. The electricity generated will be sold to Pacific Gas & Electric Company.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Becky Beetz
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.