U.S. Energy Secretary Steven Chu announced the offer of a conditional commitment to Agua Caliente Solar, LLC for a loan guarantee of up to $967 million. The loan guarantee will support the construction of a 290MW photovoltaic solar generating facility located in Yuma County, Ariz., that will use thin-film solar panels from First Solar Inc. The project sponsor, NRG Solar, estimates the project will be the largest photovoltaic generation facility in the world when it's completed.

Need more green news? Check out G-Biz, a free e-mail newsletter published twice-a-month by the editors of Electrical Wholesaling and Electrical Construction and Maintenance magazine. You can subscribe by visiting www.ewweb.com and clicking on the “G-Biz” link in the left column.