Huge Solar-Plant Project Approved
By CASSANDRA SWEET And SIOBHAN HUGHES
Wall Street Journal
A proposal to build the world's biggest solar-thermal power plant in the Southern California desert got the go-ahead Monday from the Obama administration, which used the announcement to bolster its message that renewable energy creates jobs.
Reuters Photo: A general view shows an existing solar plant near Seville, Spain. The solar thermal power plant uses mirrors to concentrate the sun's rays onto towers where they produce steam to drive a turbine, producing electricity.
The $6 billion project is being developed by Solar Trust of America, a joint venture between Germany's Solar Millennium AG and privately held Ferrostaal AG on 7,025 acres of federally owned land near Blythe, Calif. The approval clears the way for the developers to seek federal grants and loan guarantees.
The Obama administration has been criticized over the past year for hurting job creation by holding up coal-mining permits and suspending deep-water drilling in the Gulf of Mexico after the worst offshore oil spill in U.S. history.(more...)