Navajo Tribal Utility Authority To Receive $94 Million Loan Supporting Renewable Energy

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Initiative will result in Navajo-majority ownership of largest tribal telecommunications company in the United States. Published June 29, 2016. WASHINGTON – Acting Assistant Secretary -Indian Affairs Lawrence S. Roberts today announced the approval of a $23.5 million loan guarantee to the navajo tribal utility Authority (NTUA) that will allow it to acquire a greater ownership interest in.

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Navajo Nations first solar project now producing enough electricity for about 13,000 homes. A giant array of solar panels near the famed sandstone buttes of Monument Valley has begun producing.

Published January 27, 2018. PHOENIX – With the signing of a landmark agreement between the Navajo Tribal Utility Authority (NTUA) and Salt River Project, a solar plant on the Navajo Nation will soon be expanded to provide more renewable energy to the Nation.The agreement also paves the way for future renewable energy projects.

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Parker said that the loan to the Navajo Tribal Utility Authority should support expansion of electricity in the Navajo Nation, where 15,000 people live without power. Additional electricity will be sold to repay the loan. "Harvesting the renewable energy will help meet tribal needs.

Carroll will use $8.5 million of the loan to invest in smart grid technologies to improve system communications for 13,260 new customers. In Arizona, the Navajo Tribal Utility Authority is receiving a $94 million loan to provide renewable energy to commercial and residential consumers in the Navajo Nation near Kayenta, Ariz.

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In Arizona, the Navajo Tribal Utility Authority is receiving a $94 million loan to provide renewable energy to commercial and residential consumers in the Navajo Nation near Kayenta, Ariz. It will construct a 55.1 megawatt alternating current solar facility that will provide renewable energy, create jobs and promote economic growth to serve.

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Local, Native American owned and operated solar energy businesses have sprung up in tandem, taking advantage of declining costs and improved performance of both solar PV and BESS to address a surprisingly high level of energy poverty, and all that goes along with it, on native american tribal lands. big navajo Energy

In Arizona, the Navajo Tribal Utility Authority is receiving a $94 million loan for a solar facility that provides renewable energy for 26,000 American Indians, documents show.