Closure

Financial Closure of Solar Power Plant

2 billion solar thermal project in the Mojave Desert in the early 2010s, with 75% of it funded by the Obama administration through loan guarantees. . Beginning operations in 2014, the Ivanpah Solar plant cost $2. Image: Pacific Southwest Region USFWS / Wikimedia Commons / CC SA 4. 0 Headlines have been circulating. . One of the most ambitious solar projects in history is quietly heading for shutdown after just a decade of operation. 2 billion, utility-scale solar thermal plant that. . California built a $2. Ivanpah has not produced the energy. . In January, PG&E announced a deal with the owners of the Ivanpah solar plant — which covers five miles of federal land in the Mojave Desert near the California-Nevada border — to stop buying power from the facility. That means that two of the plant's three units may no longer be operational next. . Energy Secretary Chris Wright joined 'America's Newsroom' to discuss how he will implement his top priorities under President Donald Trump, the 'most alarming' energy data and the best approach in handling climate change.