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The Department of Energy is handing out more loan guarantees for solar projects. This morning the DOE said that it has offered a $967 million loan guarantee for the Agua Caliente Solar project, a 290 MW photovoltaic facility that will be built in Yuma County, Arizona, and which NRG Energy said it planned to buy from First Solar last month.
The Agua Caliente project will use panels from First Solar, is set for completion in 2014 and is supposed to create 400 construction jobs. Northern California utility PG&E plans to buy the electricity from the project. NRG plans to invest up to $800 million in equity in the project, and the deal between First Solar and NRG requires
More electricity is already coming from solar and wind sources, so why not from switchgrass?
NRG Energy, a wholesale power generation company that operates in the United States, Australia and Germany, is experimenting with that possibility. The company announced on Wednesday that it has begun a pilot project to replace some coal with locally grown switchgrass and sorgham at its Big Cajun II plant in Louisiana.
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