The US Department of Energy (DOE) has provided a $90.6m loan guarantee to Cogentrix of Alamosa, to support the Alamosa solar generating project in Colorado, US.
The 30MW high concentration photovoltaic (HCPV) power generation facility will generate clean, emissions-free power in Colorado.
The facility will use innovative HCPV systems consisting of concentrating optics and multi-junction solar cell panels that are controlled by a dual-axis tracking system.
The facility is expected to produce enough clean renewable energy per year to power more than 6,500 homes and will avoid the emissions of over 43,000 metric tons of carbon dioxide per year.
Under the project’s power purchase agreement , the Public Service Company of Colorado will buy the power generated by the solar facility for the next 20 years.