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| DOE Backs Hawaiian Wind Power Project Energy Secretary Steven Chu announced that the Department of Energy (DOE) has finalized a $117 million loan guarantee for the Kahuku Wind Power project. The 30-megawatt (MW) project is located in Kahuku, Hawaii and will create over 200 jobs on the island of Oahu, according to DOE. |
| Consolidation Continues: Panasonic To Buy Sanyo On Wednesday this week, Panasonic announced its intentions to purchase remaining shares of Sanyo Electric Co and Panasonic Electric Works (PEW). Panasonic already had a 50% stake in Sanyo as of last year. Sanyo is a big player in the solar market and producer of lithium-ion batteries. |
| Recurrent Finances 5-MW PV Project The solar PV development company Recurrent Energy has been making some big project announcements lately. The developer said yesterday that it had raised $18 million in debt for a 5-MW PV system in San Francisco. |
| Solyndra Signs PPA with SCE The cylindrical CIGS thin-film manufacturer Solyndra just signed a power purchase agreement with the utility Southern California Edison for 16-MW of projects. |
| Here at the Crossover, Solar Beats Nuclear |