Ivanpah Wins CSP Project of the Year Award
Earlier this month, the Ivanpah project was awarded “CSP Project of the Year by Solar Power Generation USA! Mike Bobinecz of BrightSource Energy accepted the award on behalf of the project’s partners, including NRG Energy, Google and BrightSource.
“[The] Ivanpah Project has helped advance technology in the industry, shown us new ways to secure financing, and is setting records and inspiring the industry,” said Laura Dinnewell, Director of Solar Power Generation USA, the industry’s leading utility-scale solar power conference. “The project has secured not only a US Department of Energy loan guarantee, but also $168 million from Google and $300 million for NRG Energy as equity investors. Ivanpah offers a great example of how a large-scale project, if well structured, can still attract the necessary investment to succeed.”