ElectricMotorcycleForum.com
General Category => EV Stocks => Topic started by: Richard230 on April 20, 2011, 04:52:19 AM
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Another solar power project has been announced. The DOD has awarded Oakland, CA, based Solar Trust of America (catchy title) its biggest ever solar loan guarantee, $2.1 billion (!) for construction of the Blythe Soar Power Project. Blythe is expected to generate 1,000 MW. Solar Trust of America is a joint venture between the German firms Soar Millennium and Ferrostaal. Last September, the California Energy Commission unanimously approved the project and the BLM, which owns the land that it will be built on, has also cleared the project for construction. In approving the deal, regulators required Solar Trust of America to purchase an additional 7,000 acres of private land to be set aside and protected as habitat for the desert tortoise, western burrowing owl, bighorn sheep and the Mojave fringe-toed lizard.