CSP tower plant Ivanpah gets approval

BrightSource Energy, developer of the project, expects to begin with the construction this fall. For that the Bureau of Land Management (BLM) has to give an approval, which is expected during the next few weeks. Ivanpah will consist of a total of three independent power stations to be built consecutively. All three plants are scheduled to be finished by 2014. When finished, the power plants will produce energy to power 140,000 households. The plants will be build by Bechtel, an engineering and construction company active worldwide.

To help fund the project, the US Department of Energy has granted US$ 1.37 billion in loan guarantees.

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