Solar Project Receives $1.4B from the Department of Energy
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Project Amp is the largest solar project in the history of the United States, and the Department of Energy decided it deserves a huge loan: $1.4 billion. Steven Chu, the Secretary of Energy has recently announced that the project will work like a decentralized power plant, with photovoltaic solar panels installed on rooftops across the U.S. These panels will not produce energy for the buildings on top of which they will sit, instead they will feed the power into the grid.
As a result, 580,000 tons of carbon pollution will be saved every year. The panels will produce approximately one million megawatt hours per year. They will be installed on 750 existing roofs in twenty-eight states and the District of Columbia, which translates into enough power for 88,000 homes. The number may not seem very impressive at the moment, but this bold project is actually meant to provide a solid example for the future.