Companies that make floating solar panels dream of covering the California Aqueduct with power-generating arrays. But the operator of the canal is throwing cold water on the idea.
G.E. said it had not yet selected a location for the plant, which will employ 400 workers and manufacture thin-film photovoltaic panels beginning in 2013.
KB Home estimates that the standard 1.4-kilowatt solar array will supply about 30 percent of the electricity for an 1,800-foot to 2,000-foot square home.
Solar and wind developers have also come to rely on the guarantees as the banking sector has grown more risk-averse.