(Read this story at CSPToday.com)
By Bob Moser, US correspondent
May 21, 2010
The Department of Energy’s Loan Guarantee Program is supposed to encourage greater investment in the CSP sector. But with seven months to go before an important December 2010 deadline, analysts say administrators are moving too slowly on project approvals, and require overly rigorous, sometimes redundant applications.
The jury is still out, but critics may take comfort in the relatively rapid growth the program has experienced under Jonathan Silver, and his candor about the DOE’s goals and pursuit of efficiency.
Silver admits that before he arrived as executive director in November 2009, the program was moving very slowly. But since December, his office has been confirming roughly two new project loans per month, and expects to boost that to three to four loans per month from now through year’s end. Read the rest of this entry »
Posted by bobmoser333