Concentrating Solar Power Projects

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Towers of Power: LPO investments help utility-scale solar reach new heights in the American southwest

PROJECTLOAN PROGRAMTECHNOLOGYOWNER(S)LOCATION(S)LOAN TYPELOAN AMOUNTISSUANCE DATE
CONCENTRATING SOLAR POWER PROJECTS
CRESCENT DUNESTitle XVIIConcentrating Solar Power ProjectsSolarReserve, LLC, ACS Cobra & Banco SantanderNye County, NevadaLoan Guarantee$737 MillionSeptember 2011
GENESISTitle XVIIConcentrating Solar Power ProjectsNextEra EnergyRiverside County, CaliforniaPartial Loan Guarantee$852 MillionAugust 2011
IVANPAHTitle XVIIConcentrating Solar Power ProjectsBrightSource Energy, NRG Energy & GoogleIvanpah Dry Lake, CaliforniaLoan Guarantee$1.6 BillionApril 2011
MOJAVETitle XVIIConcentrating Solar Power ProjectsAtlantica YieldSan Bernardino County, CaliforniaLoan Guarantee$1.2 BillionSeptember 2011
SOLANATitle XVIIConcentrating Solar Power ProjectsAtlantica Yield & Liberty Interactive CorporationGila Bend, ArizonaLoan Guarantee$1.45 BillionDecember 2010

All information up-to-date as of June 2017

Loan Amount represents the approximate amount of the loan facility at closing including principal and any capitalized interest.

CONCENTRATING SOLAR POWER PORTFOLIO

CRESCENT DUNES
Concentrating the sun's energy to heat molten salt, Crescent Dunes will be the world's largest power tower with storage.
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GENESIS
Using parabolic trough technology, Genesis is one of the largest concentrating solar power projects in the U.S.
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IVANPAH
Rising 450 feet above the California Desert, Ivanpah is the world's largest concentrating solar power facility.
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MOJAVE
Innovative design enhances proven technologies at Mojave, one of the world’s largest parabolic trough concentrating solar power plants.
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SOLANA
An innovative energy storage system provides Solana with ‘night-time’ solar that allows electricity production for up to 6 hours without the sun.
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LPO IMPACT

Between 2010 and 2011, LPO financed five of the world’s largest concentrating solar power (CSP) projects. By integrating thermal energy storage, two of these projects brought the first utility-scale “nighttime solar” to the U.S.  The lessons learned from these projects will help provide valuable insights in how to finance, construct, and operate the technology at commercial scale. Read former Executive Director Mark McCall's blog post or download the full report.

ILLUSTRATED POSTER SERIES

CONCENTRATING SOLAR POWER
LPO Illustrated Poster Series: Concentrating Solar Power
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