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May 19, 2011 -- U.S. Energy Secretary Steven Chu announced the offer of a conditional commitment for a $737 million loan guarantee to support a 110 MW molten salt concentrating solar power tower generating facility. The Crescent Dunes Solar Energy Project, sponsored by SolarReserve, LLC, will be the first of its kind in the United States and the tallest molten salt tower in the world. >>More
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