CleanTech OC Daily - 11/14/12

Another US Loan Guarantee Project Powering Up

Neal Hot Springs in Oregon is supported by a $97 million loan guarantee that closed in February of last year. Last week. U.S. Geothermal reported that two of three power plant modules at the project sire are producing up to 16.8 megawatts of power. The DOE says the project is expected to put out about 180,000 megawatt-hours of power annually, which will go to Idaho Power.

Bloom Energy Fuel Cell Financials Finally Revealed

Bloom Energy may be the first fuel cell company to become profitable as early as 2013. Fortune revealed the financials of fuel cell vendor with information pulled from confidential documents shared with Bloom's "significant investors." After raising almost $1 billion in venture capital over a decade, the company is forecasting profitability in 2013.

Republican Governors Breathe New Life Into Wind Tax Credit
On the heels of some negative remarks from the American Energy Alliance, two Republican governors have joined two Democratic governors in support of the wind tax credit. Senator Chuck Grassley (R-Iowa) held a press conference yesterday to “express optimism” that Congress will agree to extend the wind tax credit before it expires at the end of the year.