GIANT MILITARY PV DOWNSIZED
SolarCity Scaling Back SolarStrong Project After DOE Loan Guarantee Fails
Jessica Lillian, September 27, 2011 (Solar Industry)
"Facing an uncertain project-finance future, solar integrator SolarCity has been forced to reduce the size of its massive SolarStrong initiative. The project had received a conditional loan guarantee from the U.S. Department of Energy (DOE), but the company is now not expected to meet the Sept. 30 deadline to finalize the guarantee…SolarStrong was touted as a project that could double the number of U.S. PV installations in the U.S…"
(about to be gone - click to enlarge)
"The original plan called for up to 371 MW of new solar generation capacity through the installation of rooftop PV arrays on up to 160,000 homes on as many as 124 military housing developments in 33 states…The approval hold-up was attributed to increased due diligence on the part of the DOE, following the intense political fallout from module manufacturer Solyndra's bankruptcy and the investigation into its 2009 loan guarantee…"