Abengoa Solar has finalized $1.45 billion in financing to build Solana, a parabolic trough concentrating solar power (CSP) plant with a net capacity of 250 MW.
Following the conditional commitment announced by President Obama last July, the U.S. Department of Energy (DOE), through the Loan Programs Office, has issued a loan guarantee to support the project. The plant will be built near Gila Bend, Ariz.
For background information on the Solana plant, click here.
SOURCE: Abengoa Solar
