As the CSP industry expands across the globe, so too are the incentive mechanisms on offer by countries grabbing a slice of the action. The recently published CSP Today feed-in tariff guide provides information regarding regulators, types of incentive and the tariffs offered by the USA, Spain, South Africa, India,
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loan guarantee
Secretary of the Interior Ken Salazar has just approved the Desert Sunlight Solar Farm, a 550-megawatt (MW) solar power project to be built in the California desert east of Palm Springs. The solar-photovoltaic facility will create more than 630 jobs at peak construction and infuse an estimated $336 million
Solana, the U.S.’s first large-scale solar plant that can store the energy it generates on Tuesday was given a $1.45 billion loan guarantee by Secretary Chu.
The advantage of storage capacity is that Solana will be able to keep energy that would not be used during peak demand, thus increasing solar power’s dependability.