Heliogen Achieves Key Milestone on Project Funded with up to $50M from Woodside and $39M from U.S. Department of Energy

Heliogen, Inc. (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, today announced that the company has achieved a key development milestone, transitioning from design into testing and implementation of its supercritical CO 2 (sCO 2 ) power generation system to be utilized to generate carbon-free electricity for [...]

DOE Offers Conditional Commitment for Loan Guarantee to Support Solar Generation Project in Nevada

U.S. Energy Secretary Steven Chu announced the offer of a conditional commitment for a $737 million loan guarantee to support a 110 megawatt molten salt concentrating solar power (CSP) tower generating facility.

$737 million loan guarantee for the 110 megawatt (MW) Crescent Dunes Solar Energy Project to be built in Nevada

Upon completion, SolarReserve’s 110 MW Crescent Dunes project will be the largest molten salt power tower project in the world and will provide electricity to approximately 75,000 homes during peak electricity periods.

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