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Sempra Receives $359.1 Million DOE Loan Guarantee for Arizona Solar Power Plant

 

June 15, 2011

Sempra Receives $359.1 Million DOE Loan Guarantee for Arizona Solar Power Plant

The $369.1 million loan guarantee announced today by U.S. Energy Secretary Steven Chu will support Mesquite Solar 1, LLC's development of a photovoltaic solar generating project.  The optimized 150 megawatt (MW) alternating current (AC) photovoltaic (PV) solar generation project is sponsored by Sempra Generation and will be located in Maricopa County, Arizona, approximately 45 miles west of Phoenix.  Sempra Generation estimates the project will create up to 300 construction jobs and 7-10 full time operating jobs.

Mesquite Solar 1 will be one of the first large-scale utility PV power plants in the U.S. to use U.S.-manufactured innovative transformerless and liquid cooled inverter technology, which allows for significant improvements in energy output, a decrease in operating costs and improved reliability.  The facility will avoid the emissions of over 193,000 metric tons of carbon dioxide annually, equivalent to the carbon dioxide emissions of over 38,000 vehicles.  The project is anticipated to generate nearly 350,000 megawatt hours of electricity in the first full year of production, or enough to power over 31,000 homes.  Power from the project will be sold to Pacific Gas & Electric Company.

"Taking advantage of the clean, renewable power in places like Arizona will help strengthen our nation's position as a leader in solar power," said Secretary Chu.  "This innovative photovoltaic facility creates new jobs while producing greater efficiencies that will help make solar energy a more viable and reliable source of power in the future."

More information can be found in the Department of Energy's press release.