The Department of Energy is providing backing for a $1.4 billion loan for Project Amp, a plan to install 733 megawatts of photovoltaic (PV) solar panels on industrial buildings in 28 states and the District of Columbia. This is nearly equal to the entire amount of PV installed in the US in 2010. The project is expected to lead to the creation of one thousand new jobs and is expected to last for four years.
When complete, Project Amp is expected to produce up to one million megawatt hours annually. The power that is produced is not going to be used on site necessarily, but will instead be fed to the grid to add more solar power to the available production.
image: US Navy Photo
written by Robert Halvarsson, June 24, 2011
written by DemonioFlatline, June 24, 2011
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