Energy.gov

Financial Institution Partnership Program is one way the U.S. renewable energy sector can be accelerated through clear and effective government policy and incentives.

The Department of Energy has finalized a $1.6 billion loan guarantee with the California company BrightSource Energy, Inc. to complete the construction of three concentrated solar power plants. A projected that is projected to create more than 1,000 jobs and, once operational, will produce enough solar energy to power 85,000 homes a year.