US DOE Makes $4 Billion in Loan Guarantees Available

Provided by Michael Grossman, FiftyPlusOne.

July 11, 2014 (Seattle, WA) – In support of the President’s Climate Action Plan, the U.S. Department of Energy is making up to $4 billion in loan guarantees available for innovative renewable energy and energy efficiency projects that avoid, reduce, or sequester greenhouse gasses.

The Renewable Energy and Efficient Energy Projects Loan Guarantee Solicitation is intended to support technologies that are catalytic, replicable and market-ready. You can view the sample list of potential technologies up for consideration through this link; however, the Department identified five key technology areas of interest:

  • Advanced Grid Integration and Storage
  • Drop-in Biofuels
  • Waste-to-Energy
  • Enhancement of Micro-Hydro or Hydro Facilities
  • Efficiency Improvements

With this announcement, DOE’s Loan Programs Office is now accepting applications in three areas, which also include:

  • Advanced Fossil Energy Projects–$8 billion
  • Advanced Technology Vehicle Manufacturing–$16 billion

If you’d like more information, email Michael Grossman at Michael@FiftyPlusOne.comFifty Plus One

Phone: 800-361-9016 | Fax: 800-841-0292

Fifty Plus One | 1319 Dexter Avenue N, Suite 140, Seattle, Washington 98109 | 336 W. Rancho Drive, Phoenix, Arizona 85013

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