The Antelope Valley Solar Ranch One project has received the first advance of a loan guaranteed by the U.S. Department of Energy's (DOE) Loan Programs Office, finalizing Exelon Corp.'s ownership of the project, according to Exelon and First Solar.
First Solar is constructing the 230 MW photovoltaic power project in northern Los Angeles County and will operate and maintain the project for Exelon. As Exelon and First Solar previously announced, the first portion of the project is expected to come online late this year, with full operation planned for late 2013.
