WASHINGTON D.C. — The U.S. Department of Energy (DOE) has issued the first loan guarantee solicitation for the Tribal Energy Loan Guarantee Program (TELGP) under DOE’s Loan Programs Office. This solicitation provides as much as $2 billion in partial loan guarantees to support economic opportunities for Native American and Alaska Native communities through energy development projects and activities.… Keep reading →
WASHINGTON – U.S. Department of Energy Secretary Ernest Moniz announced more than $58 million in funding for vehicle technology advancements and released a report highlighting the successes of DOE’s Advanced Technology Vehicles Manufacturing (ATVM) loan program while touring the newest vehicle technologies at the Washington Auto Show today. Continuing the Obama Administration’s commitment to supporting… Keep reading →
As part of the Administration’s effort to support advanced vehicles that are more affordable for Americans to drive, strengthen U.S. leadership in manufacturing advanced vehicle technologies, and reduce greenhouse gas emissions through increased fuel efficiency, the Department of Energy announced a conditional commitment for a $259 million loan to Alcoa Inc. today. This conditional commitment… Keep reading →
The auto industry is back — and the Department of Energy has helped to make it even stronger. Since 2009, the Energy Department has issued more than $8 billion in loans to companies through the Advanced Technology Vehicles Manufacturing (ATVM) program, including $5.9 billion to the Ford Motor Company. The financing provided to Ford was… Keep reading →
Department of Energy Issues Final $12.5 Billion Advanced Nuclear Energy Loan Guarantee Solicitation WASHINGTON D.C. — Today, the Department of Energy issued the Advanced Nuclear Energy Projects loan guarantee solicitation, which provides as much as $12.5 billion to support innovative nuclear energy projects as a part of the Administration’s all-of-the-above energy strategy. With the issuance… Keep reading →
Washington D.C. — In support of the President’s Climate Action Plan, the Department of Energy issued a loan guarantee solicitation today, making as much as $4 billion in loan guarantees available for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases. This solicitation represents the next… Keep reading →
