$2.2B solar project generates 40% of expected electricity

Screen Shot 2015-06-13 at 8.32.56 AMBy Cassandra Sweet | The Wall Street Journal

Some costly high-tech solar power projects aren’t living up to promises their backers made about how much electricity they could generate.

Solar-thermal technology, which uses mirrors to capture the sun’s rays, was once heralded as the advance that would overtake old-fashioned solar panel farms. But a series of missteps and technical difficulties threatens to make newfangled solar-thermal technology obsolete.

The $2.2 billion Ivanpah solar power project in California’s Mojave Desert is supposed to be generating more than a million megawatt-hours of electricity each year. But 15 months after starting up, the plant is producing just 40% of that, according to data from the U.S. Energy Department.

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