US DOE Offers SolarReserve $737 million Loan for NV Solar Plant

US DOE Offers SolarReserve $737 million Loan for NV Solar Plant

May 20, 2011

LOS ANGELES (May 19, 2011) - The U.S. Department of Energy offered SolarReserve LLC a conditional $737 million loan guarantee on Thursday to support the development of a Nevada solar power plant.

The Santa Monica, California company was among a large group of companies competing for the coveted loan guarantees, which are awarded to projects deploying innovative energy technologies on a far larger scale than ever before.

The loan guarantee will go toward construction of SolarReserve's 110 megawatt Crescent Dunes solar power plant in Tonopah, Nevada. The project is expected to create 600 jobs during its 30-month construction.

(More at Reuters.com . . . )

Recommended
2022 Contractors Top 50 New Products Award 63f589c68dad5
Nominations Now Open for the Equipment Today Contractors’ Top 50 New Products
The 2024 award will highlight the best new product introductions and enhancements in the construction industry. Submissions close May 24.
March 4, 2024
Jobs that can rack up 10,000 hours on a diesel machine might add 6,000 hours or 7,000 hours to a comparable electric machine.
Challenges & Benefits of Moving to Electric Equipment
As emission regulations tighten, construction equipment power sources will evolve, but adoption will be gradual.
February 28, 2024
Top 3 Tips for Purchasing a Diesel Diagnostic Tool
Sponsored
Top 3 Tips for Purchasing a Diesel Diagnostic Tool
A quality diagnostic tool is key for a smooth repair process. With the right tool, technicians have support in making comprehensive repair decisions.
April 1, 2024
Latest
Skf Lincoln Gear Oil Dispensing Units
SKF Lincoln Unveils Mityvac Gear Oil Dispensing Units
The gear oil handling systems utilize compressed air for clean fluid handling.
April 18, 2024
During storage, lithium-ion batteries are surrounded by cushions filled with Pyrobubbles - an extinguishing agent which provides protection against thermal runaway and exothermic reactions.
DENIOS Launches BatterySafe Cases for Lithium-ion Batteries
During storage, lithium-ion batteries are surrounded by cushions filled with Pyrobubbles - an extinguishing agent which provides protection against thermal runaway and exothermic reactions.
April 18, 2024
Volvo Ce Pioneers E Shuttle Service To Cut Transport Emissions 660d7bf383081
Volvo Construction Testing Out Excavator Delivery in France With E-shuttle
The e-shuttle service is designed to reduce emissions during the first transport leg of construction machines from the Volvo CE factory in France.
April 18, 2024
FIRSTGREEN Industries launches ROCKEAT electric skid steer loader, pioneering powerful, safe and zero-emissions solution for mining, construction and other hazardous industries.
New Electric Skid Steer Loader by First Green
ROCKEAT produces zero carbon emissions, minimum operating fluids and near-silent operation, and offers a low clearance, 360-degree camera and remote operability.
April 17, 2024
2521 10 F
Milwaukee Introduces M12 FUEL Circular Saw
The Milwaukee M12 FUEL Circular Saw is designed for cross-cutting sheet goods and dimensional lumber.
April 17, 2024
Top 3 Tips for Purchasing a Diesel Diagnostic Tool
Sponsored
Top 3 Tips for Purchasing a Diesel Diagnostic Tool
A quality diagnostic tool is key for a smooth repair process. With the right tool, technicians have support in making comprehensive repair decisions.
April 1, 2024
The new engine platform will be equipped with Cat Digital Services, an integrated suite of software and hardware solutions supplying the insight equipment owners need to make decisions and secure the health of their equipment.
Caterpillar Announces 13L C13D Diesel Engine for 2026
The new engine platform offers up to a 20% increase in power and up to 25% more low-speed torque than the previous generation of Cat engines in its power class.
April 16, 2024
The Milwaukee M12 Brushless Copper Tubing Cutter automatically adjusts diameter to cut Type K, L and M copper pipes from 1.375 to 2.125 in. (OD).
Milwaukee Launches M12 Brushless Copper Tubing Cutter
The Milwaukee M12 Brushless Copper Tubing Cutter automatically adjusts diameter to cut Type K, L and M copper pipes from 1.375 to 2.125 in. (OD).
April 16, 2024
Road base is typically introduced after the subgrade has been prepared and compacted to a stable and level surface.
What Is Road Base?
Going back to basics, this article details the importance of the correct road base in the durability and life of roads.
June 7, 2023
The new products include the 20V MAX* Hydraulic Knockout Tool (DCE600), 20V MAX* XR Brushless Cordless Mid-Size Bandsaw (DCS378) and 20V MAX* XR Brushless Cordless Dual-Trigger Bandsaw (DCS379).
DEWALT Releases 20V MAX Knockout Tool and Bandsaws
The new products include the 20V MAX Hydraulic Knockout Tool (DCE600), 20V MAX XR Brushless Cordless Mid-Size Bandsaw (DCS378) and 20V MAX XR Brushless Cordless Dual-Trigger Bandsaw (DCS379).
April 15, 2024
Specific details regarding the actual price change will be communicated directly to customers by Trelleborg tires representatives in each market.
Trelleborg Tires to Implement Price Increases
Trelleborg tires will increase prices globally by up to 5% across all segments.
April 15, 2024
Built to Dig. Built to Last. Peace of Mind Included.
Sponsored
Built to Dig. Built to Last. Peace of Mind Included.
SANY swing boom excavators are compact equipment champs. Powerful and easy to transport. Conquering confined spaces on jobsites across America.
April 1, 2024
Tm2
All Access Equipment Track Lift Truck Mount and Transport Deck
The solution provides a safe way to enter an aerial work platform without the need to climb up and down the top of a truck with unprotected cab guards.
April 15, 2024
The products include an Adjustable Tri-Ball Hitch for 2-in. Hitch Receivers, a 12-ton Receiver Mount Pintle Hook and a pair of Class 5 Service Body Hitch Receivers.
Buyers Products Offers Towing Solutions
The products include an Adjustable Tri-Ball Hitch for 2-in. Hitch Receivers, a 12-ton Receiver Mount Pintle Hook and a pair of Class 5 Service Body Hitch Receivers.
April 15, 2024
Understand the choices available to take the “hard” out of work on your dozers, excavators, motor graders, wheel loaders and compactors.
Take the 'Hard' Out of Work
June 13, 2024
Register
Learn the top four advantages of ease-of-use technology from this webinar.
Caterpillar
Burds accepts the overall winner trophy.
Caterpillar Competition Winner Talks About the Industry & Her Win
Kait Burds with Mortenson loves the industry and wants to see more women join.
April 12, 2024
The StrikeSmart PLUS controller works in conjunction with Hilltip’s TempStriker sensor, which continually monitors variables like temperature, humidity and surface conditions.
Hilltip Launches StrikeSmart PLUS Controller
The StrikeSmart PLUS controller works in conjunction with Hilltip’s TempStriker sensor, which continually monitors variables like temperature, humidity and surface conditions.
April 12, 2024
The team at the John Deere booth focused on earthmoving equipment.
The 2024 Equipment Showcase & the ARA Show
Check out recent product highlights and ARA show trends.
April 11, 2024
Adobe Stock 679258598 Gorodenkoff
3 Tactics to Boost Construction Fleet Performance
Telematics, IoT devices, and even AI integrations have the power to significantly improve construction fleet management when utilized effectively.
April 11, 2024
With four different working widths, ranging from 100 to 200 cm, E20 direct is recommended for excavators weighing between 12 and 21 tons.
SEPPI M. Unveils E20 Direct Forestry Mulcher Head Attachment
With four different working widths, ranging from 100 to 200 cm, E20 direct is recommended for excavators weighing between 12 and 21 tons.
April 11, 2024
TennaCAM 2.0 Heavy Equipment is fully integrated with TennaCANbus, which allows it to deliver ECU data alongside video telematics.
Tenna Unveils TennaCAM 2.0 Heavy Equipment Camera
TennaCAM 2.0 Heavy Equipment is fully integrated with TennaCANbus, which allows it to deliver ECU data alongside video telematics.
April 10, 2024
For guidance during use, the XCA4000 is equipped with a self-developed control system and active safety technology with more than a dozen sensors distributed on the boom.
XCMG Reveals XCA4000 Wheeled Crane with 4,000-ton Lifting Capacity
The wheeled crane features a 4,000-ton lifting capacity, making it a solution for installing wind turbines exceeding 10 MW.
April 9, 2024
Screenshot 2024 04 08 145039
Breaking Down Dynapac’s SEISMIC Asphalt System
The technology is designed to increase compaction quality while also decreasing complexity for operators.
April 8, 2024
Fact or fiction? Debunking 3 myths about pump-free fluid exchanges.
Sponsored
Fact or fiction? Debunking 3 myths about pump-free fluid exchanges.
Pump-free fluid exchange systems are cleaner, safer, faster and sometimes misunderstood. Bust three pump-free myths with Sage Oil Vac.
April 1, 2024