The Failure of America's $1 Billion Solar Farm

[Vambo]

The Crescent Dunes Solar Energy Project was proposed back in 2011, and intended on meeting Nevada's rising demand for electricity to power 75,000 homes throughout the state. While the project was funded by the US Department of Energy and completed in 2015, it faced a number of challenges in the years afterward. This was mainly because of the new form of Solar Technology it was using, which was the first of its kind in the United States. This new technology would ultimately lead the the failure of this $1 Billion dollar facility, which went bankrupt in 2020. But even as the future of this project looked uncertain, The US Buereu of Reclamation stated that the project had resumed full operation in July of 2021, due to increased demand for electricity throughout the state. Today, the future of this project is still uncertain, but has resumed operation for the state of Nevada.

[calfoxwc]

• https://abcnews.go.com › Blotter › solyndra-collapse-waste-half-billion-obama-gop-critics › story?id=14424323

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• https://publicintegrity.org › politics › obama-backed-solar-firm-collapses-after-big-federal-loan-guarantee

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