DOE Offers $45.6M Loan Guarantee to 20-MW Nev. PV Project

The latest recipient of a conditional commitment for a $45.6 million federal loan guarantee from the Department of Energy (DOE) is Fotowatio Renewable Venture’s 20-MW alternating current (AC) photovoltaic (PV) solar generating facility.

The project will be developed about 25 miles northeast of Las Vegas. It will include over 90,000 polycrystalline silicon modules attached to single-axis horizontal tracker technology that will capture more energy than fixed-tilt PV systems, the DOE said.

The project is expected to be the second-largest PV generation facility in Nevada—the largest is First Solar’s 48-MW Copper Mountain Solar Facility in Boulder City, which was completed earlier this year. Power from Fotowatio project will be sold to Nevada Power Co.

Sources: POWERnews, DOE