Google is making an investment, but the USG is funding the project? I would like to see a full explanation of who is putting up what cash and who is guaranteeing any loans etc.
Also..who is promising to buy the electricity at what price.
The technical parts are all well and good, but without understanding the underlying financial situation it is impossible to figure out what kind of deal it is. We do understand that it will create a cyclical power supply which must be supplemented by other sources when the sun doesn’t shine.
With a name like Ivan(pah), I would expect the workers (taxpayers) to pay for the means of production, while the corporate honchos reap the rewards.
I get power from them...and it is high priced.
Totally agree.