POWERnews

Just days before the Energy Department’s advanced energy loan guarantee program funded under 2009 stimulus law is set to expire—and amid an investigation of Solyndra, the California-based solar manufacturer that received the Obama administration’s first loan guarantee—the DOE today finalized a $737 million loan guarantee for the development of a 110-MW concentrating solar power tower facility in Nevada.

The DOE on Friday finalized a partial guarantee for up to a $350 million loan guarantee to support a geothermal power project sponsored by Ormat Nevada. The 113-MW project comprises three geothermal power facilities and could increase Nevada’s geothermal power production by nearly 25% the DOE said.

The renewed flurry of loan guarantees from the DOE this past week included a finalized partial guarantee for a $168.9 million loan to Granite Reliable Power for a 99-MW wind generation project that is expected to become New Hampshire’s largest wind farm.

The Energy Department on Tuesday issued a Record of Decision (ROD) that could allow $450 million of federal funding to be used to help build Summit Texas Clean Eneryg’s 400-MW integrated gasification combined cycle (IGCC) plant planned for construction just west of Midland-Odessa,Texas.

Dominion, the National Renewable Energy Laboratory (NREL), Virginia Tech, Alstom Power, and maritime engineering firm Moffatt & Nichol last week received a two-year $500,000 grant from the DOE to seek out ways to reduce the cost of offshore wind generation by at least 25%.

Progress Energy Carolinas will officially shut down its 177-MW coal-fired W.H. Weatherspoon Power Plant near Lumberton, N.C., at the end of the month—the first such retirement under the utility’s fleet-modernization program that includes disassembly of nearly 30% of the firm’s coal generating fleet in North Carolina.

There’s lots of reason for optimism about clean technologies, Sen. Lisa Murkowski (R-Alaska) told a packed crowd on Tuesday afternoon at the RETECH 2011 Keynote Session. New ideas are emerging, costs are coming down and deployment is increasing, she noted—all welcome developments for America’s energy supply and the global environment. The rapid growth of the renewables is partially due to federal policies, but much of the progress has been a "direct result of your creativity and determination."

The installed cost of solar photovoltaic (PV) power systems in the U.S. plunged 17% in 2010 compared to the year before, and by an additional 11% within the first six months of 2011, a new report from the Department of Energy’s Lawrence Berkeley National Laboratory shows.

The U.S. Department of Agriculture (USDA) on Thursday said 27 rural electric cooperative utilities would receive $603 million in loans for generation and transmission projects, distribution facilities, and smart grid technologies. The loans are expected to finance rural electric utility improvements in 18 states.

The U.S. House of Representatives could by Friday vote on a measure that could delay the Environmental Protection Agency’s (EPA’s) implementation of the Cross-State Air Pollution Rule (CSAPR) and the recently proposed utility MACT rule by more than a year.