Down To Earth
$90 million loan goes to Alamosa solar company
Posted: May 10, 2011 10:12 AM
The Department of Energy has committed to loan $90 million to Congentrix of Alamosa to build a 30 megawatt photovoltaic power generating station in the San Luis Valley.
U.S. Energy Secretary Steven Chu made the announcement today. The project will provide 75 construction jobs and 10 jobs after construction is complete.
"Colorado has long been a leader in the development and deployment of renewable energy, and this project builds on that record," said Secretary Chu. "By deploying an innovative, commercially-ready technology at utility scale, the Alamosa Solar Generating Project is increasing the generation of clean, renewable power, creating jobs and strengthening the U.S. economy."
The Alamosa Solar Generating Project will sell all of its electricity to Public Service Company of Colorado. The facility will produce approximately 75,000 megawatt hours of clean renewable energy per year, enough to power over 6,500 homes.
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