U.S. backs loans to build world's largest solar power complex
USATODAY - The Obama administration gave preliminary approval Monday for $1.4 billion in federal loan guarantees to help build what it says will be the world's largest solar power complex -- in California's Mojave Desert.
The Department of Energy is offering to back the loans of California-based BrightSource Energy so it can build three solar-energy plants capable of powering 140,000 homes. It says the project could nearly double the amount of solar power generated in the United States.
