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Green EnviroTech Holdings, Corp. signs a $100 million lease and working capital credit facility from READS Leasing and Credit, LLC; and secures the first commitment and immediate draw of $2.5 million.
Ivanpah Solar uses two Rentech Type-D water tube boilers. The California Energy Resources Conservation and Development Commission approved for each a stack 130 feet high and 60 inches in diameter, and consumption of 242,500 cu-ft/hr of fuel.he facility has contracts to sell about two-thirds of the power generated at Ivanpah to PG&E, and the rest to SCE. The largest investor in the project is NRG Energy, a generating company based in Princeton, N.J., that has put in $300 million.