The project is currently seeking a loanguarantee from the U.S. Department of Energy's (DOE) LoanGuaranteeProgram Office, which supports accelerated commercial use of innovative energy technologies to help sustain economic growth, yield environmental benefits, and produce a more stable and secure energy supply.
Renewable-energy companies, particularly solar power product makers and developers, say the loan-guarantee program administered by the Department of Energy is crucial to allow projects currently under development to proceed.