The licensing of Solar Millennium's Palen Solar Power Project follows the energy commission's approval of the German developer's 1,000-megawatt Blythe solar trough power plant in September.
A Solar Millennium representative told commissioners that, despite the approval of the project, the company would not be able to meet the deadline to qualify for a federal cash grant that would cover 30 percent of the power plant's cost, unless that program is extended beyond its expiration on Dec. 31.
The United States Senate voted on Thursday to renew the cash grant program until the end of 2011. The House of Representatives was scheduled to take up the extension on Thursday.
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(Reporting by Todd Woody; editing by Peter Henderson and Andre Grenon) Keywords: CALIFORNIA SOLAR (Reuters Messaging: peter.henderson.reuters.com@reuters.net; email: peter.henderson@thomsonreuters.com +1 415 677 2541) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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