U.S. largest rooftop solar project advances

A project that will install solar panels on industrial buildings across the country speeds up as U.S. Department of Energy announced a partial guarantee for a USD1.4 billion loan to support the project. The Project Amp project aims to install approximately 733 megawatts (MW) of photovoltaic (PV) solar panels, which is nearly equal to the

A project that will install solar panels on industrial buildings across the country speeds up as U.S. Department of Energy announced a partial guarantee for a USD1.4 billion loan to support the project.

The Project
Amp project aims to install approximately 733 megawatts (MW) of photovoltaic
(PV) solar panels, which is nearly equal to the total amount of PV installed in
the U.S.
in 2010. The electricity generated from those panels contributes directly to
the electrical grid, as opposed to powering the buildings where they are
installed.

“This unprecedented solar project will not only produce clean, renewable
energy to power the grid in states across the country, but it will help us meet
the SunShot goal of achieving cost competitive solar power with other forms of
energy by the end of the decade,” said Energy Secretary Chu.

“In addition, the project will create at least a thousand jobs across the U.S. and increase our global competitiveness in
the clean energy race,” Chu said.

The project is expected to produce up to one million megawatt hours annually,
enough to power over 88,000 homes. The program’s 20 generation projects produce
nearly 29 million megawatt-hours annually, enough to power over two million homes.

 

Project
Amp, the program has reserved or committed to over USD12 billion in loan
guarantees to solar generations projects. DOE has also committed financing to
support numerous other projects, such as three geothermal projects and the
world’s largest wind farm.

Renewable Energy Projects in Bosnia and Herzegovina