Ivanpah Solar Power Facility
The Ivanpah Solar Power Facility, a green energy project in California that received $1.6 billion in federal loans, is on track to close after 10 years due to underperformance and reliance on natural gas. Experts criticize it as a waste of government subsidies and harmful to the environment.
Key Points
- Received $1.6 billion in federal loans
- Scheduled to run until 2039
- Criticism for inefficiency and environmental damage
Cons
- Underperformance and reliance on natural gas
- Financial waste of government subsidies
- Harmful to the environment