Saturday, April 23, 2011

Feds Grant $2.1 Billion Loan Guarantee for California Solar Farm to German developer

While Obama blames evil corporations for "outsourcing" our jobs, he hands our green money over to Germany and our old fashion fossil fuel money to Brazil.
The United States Department of Energy on Monday offered a conditional $2.1 billion loan guarantee to German developer Solar Millennium to finance the first half of a 1,000 megawatt solar thermal power plant to be built in the Southern California desert.
Feds Grant $2.1 Billion Loan Guarantee for California Solar Farm - Todd Woody - Green Wombat - Forbes

Public land projects

I haven't been able to track down exactly what the "synthetic oil" is or how it is made. Here's a bit more information on using molten salt.

1 comment:

Anonymous said...

Do you know? http://www.facebook.com/DesertecReplacesNukes and http://www.google.com/finance?q=ETR:S2M&rm=1