The funds will be split among two solar firms. The first, Abengoa Solar, will receive a $1.45 billion loan guarantee it said will use to build the world’s largest solar power facility in Arizona.

The second company, Abound Solar Manufacturing, will receive $400 million in loan guarantees to help it build thin-film solar panels for two plants, marking the first time thin-film panels have been used on a commercial scale.

http://www.environmentalleader.com/2010/07/06/president-announces-2-billion-solar-power-funding/