California goldrush continues as First Solar nets $4.5bn loan guarantees

BusinessGreen staff
clock •

Department of Energy will back construction of three thin film solar plants with a combined 1.3GW capacity

Thin film photovoltaic manufacturer First Solar was yesterday awarded $4.5bn of conditional loan guarantees from the US Department of Energy to develop three projects in California with a combined capacity...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Nature is critical infrastructure - the UK government should treat it that way

There are many reasons Gatwick Airport expansion doesn't add up - climate change is just one of them

More on Investment

LPFA claims majority of its £8bn pension fund now 'managed for climate resilience'
Investment

LPFA claims majority of its £8bn pension fund now 'managed for climate resilience'

London Pension Fund Authority claims to have set emissions reduction and other climate goals for more than 80 per cent of assets in Local Government Pension Scheme

Jasmine Urquhart
Jasmine Urquhart
clock 25 September 2025 • 2 min read
Cornish Lithium secures £35m boost for critical mineral production plans
Investment

Cornish Lithium secures £35m boost for critical mineral production plans

Latest investment in battery-grade lithium producer moves projects towards construction and commercial drilling

Stuart Stone
Stuart Stone
clock 25 September 2025 • 3 min read
'Banks must walk the talk': How the UK's top banks' fossil fuel finance continues to outstrip clean energy funding
Investment

'Banks must walk the talk': How the UK's top banks' fossil fuel finance continues to outstrip clean energy funding

World's 65 largest banks provided more than twice as much funding for fossil fuels than for clean energy sources between 2021 and 2024, new research shows

Stuart Stone
Stuart Stone
clock 24 September 2025 • 5 min read