Barack Obama unveils accommodation guarantees for solar companies (animated graphic)

!: Barack Obama unveils accommodation guarantees for solar companies (animated graphic)

nma.tv | http United States President Barack Obama has announced US billion in loan guarantees for two solar power companies. Abengoa Solar, a unit of a Spanish company, will receive a .45 billion loan guarantee. The funds will go toward the construction of a solar plant in Arizona. The project is expected to produce 1600 construction jobs and 85 permanent jobs. The plant would have 280 megawatt output capacity capable of powering 70000 homes.

Barack Obama unveils accommodation guarantees for solar companies (animated graphic)

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