Energy Secretary Steven Chu said the department has completed a $737 million loan guarantee to Tonopah Solar Energy for a 110 megawatt solar tower on federal land near Tonopah, Nev., and a $337 million guarantee for Mesquite Solar 1 to develop a 150 megawatt solar plant near Phoenix.
The two projects will create about 52 permanent jobs, Chu said.
I can't make this stuff up: more than $1 billion in guaranteed loans for 52 permanent jobs.
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