Community | June 24, 2011 | 3 comments

DOEnergy backs funding for SOLAR ROOFTOPS! (Finally...about damn time!)

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LOrion
The U.S. Department of Energy said on Wednesday it’s offering a partial guarantee for a $1.4 billion loan that will fund Project Amp, which will erect solar panels on hundreds of rooftops around the country. The project is the largest rooftop solar plan in the country.

The financial aid is the first DOE loan guarantee that isn’t going to a large, centralized solar power plant. Amp Project will install 733 MW of solar on about 750 rooftops run by Prologis, which owns and manages distribution warehouses in the Americas, Europe and Asia. Electricity from the project will be sold to utilities. Prologis and NRG Solar will co-own the project, said NRG spokeswoman Lori Neuman.
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3 comments // DOEnergy backs funding for SOLAR ROOFTOPS! (Finally...about damn time!)

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