Abengoa, Abound Solar Score $2 Billion From the U.S. Government

Abengoa trough

President Obama made a bold pronouncement in his first Oval Office speech last month: "Now is the moment for this generation to embark on a national mission to unleash America's innovation," he said. It's not too big of a project, because "the same thing was said about our ability to land a man safely on the moon." The government's clean energy push may not be man-on-the-moon scale yet, but this weekend's nearly $2 billion loan guarantee for solar power is a decent start.

The U.S. Department...

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Published on July 06, 2010 14:55
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