The immediate purpose of the government loan guarantees to the two solar energy companies is

[9] President Barack Obama has announced that two solar energy companies are to get government loan guarantees of nearly $2 billion for projects expected to create thousands of new jobs in America. He said the companies will construct a solar power generating plant and advanced solar panels.
    [10] Investing in green technology has been key to the administration’s attempts to get the economy back on track and to reduce the nation’s dependency on fossil fuels. Two companies have been offered government-backed loans totaling $2 billion for projects that are expected to create more than 5,000 new jobs. The biggest in Arizona will be the first large-scale solar plant in the US capable of storing the energy it generates. [10] It could cut carbon dioxide emissions equivalent to the amount generated by 90,000 cars a year.