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Keyword: ivanpahsolarpower

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  • Energy experts blast failed billion-dollar DOE project as 'financial boondoggle,' 'disaster'

    02/09/2025 4:28:03 AM PST · by Libloather · 22 replies
    Fox News ^ | 2/09/25 | Aubrie Spady
    A major solar power plant project that was granted over a billion dollars in federal loans is on the road to closure, with energy experts blasting the project as a "boondoggle" that harmed the environment. In 2011, the U.S. Department of Energy (DOE) under former President Barack Obama issued $1.6 billion in loan guarantees to finance the Ivanpah Solar Power Facility, a green energy project that consists of three solar concentrating thermal power plants in California. The facility was touted by then-Secretary of Energy Ernest Moniz as an "example of how America is becoming a world leader in solar energy."...