The Department of Energy has offered conditional loan guarantees totaling $2 billion to two concentrated solar projects in California, Energy Secretary Steven Chu announced yesterday.
Both projects employ mirrored parabolic solar thermal troughs that reflect and concentrate solar energy to heat pipes containing heat transfer liquid, usually synthetic oil. That hot liquid is then used to generate steam and power a turbine generator that produces electricity.
Specifically, a $1.2 billion loan guarantee has been offered to the 250-megawatt Mojave Solar Project in San Bernardino County. Once fully operational, the farm is expected to generate enough electricity to power 53,… Read more