DOE Backs $90.6 Million Loan to Build Solar Power Plant

Liberty Alerts, Penny Star,

U.S. Energy Secretary Steven Chu announced last week that his agency has finalized a $90.6 million loan guarantee with Cogentrix of Alamosa, LLC for the construction of the Alamosa Solar Generating Project in south-central Colorado.

DOE’s Sept. 9 press release said the money will “support the Alamosa Solar Generating Project, a 30 megawatt High Concentration Photovoltaic power generation facility that will generate clean, emissions-free power in Colorado.”

The press release also states that Cogentrix “estimates that the project will support up to 100 construction jobs, but the company did not answer a inquiry as to how many permanent jobs would be created.

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