Renewable Energy Update - October 11, 2011

In This Issue:

Department of Energy finalizes $4.8B in solar loan guarantees; RENEWABLE ENERGY FOCUS - Study finds long-term, stable policy support key to reducing cost of financing renewable projects; Solar Power International 2011; Senate Democrats ask Chu for report on US clean-energy investment; Obama's energy chief defends clean energy loans; Calif. high court authorizes cap-and-trade program; Nonpartisan congressional report underscores need for stable wind energy policy; Third-party-owned Solar dominates the California market; California solar company makes its way without subsidies; Chevron's solar-powered oil extraction begins in California; First Solar deal to halt lawsuit over 550MW California solar project; Westinghouse Solar files patent-infringement complaint against rival companies; Former Calico Solar manufacturer declares bankruptcy; Chino Hills votes to continue its fight against the Edison power lines to the state Supreme Court; California's underground hot rocks probed for energy of 100 nuclear plants; U.S.-backed geothermal plant in Nevada faces financial difficulties; and NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS - NRG completes acquisition of California Valley Solar Ranch.

Department of Energy finalizes $4.8B in solar loan guarantees - Oct 3

The DOE finalized support packages for four major solar projects totaling almost $4.8 billion: $1.46 billion in partial guarantees went to the 550MW Desert Sunlight project; $1.237 billion for the 250MW California Valley Solar Ranch project; $646 million for the 230MW Antelope Valley Solar Ranch project; and a $1.4 billion partial guarantee will go to Project Amp, which is to develop solar power systems on ProLogis warehouses across 28 states and the District of Columbia.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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