DOE Announces $30.5B in Federal Loan Guarantees

    July 11, 2008

    The U.S. Department of Energy (DOE) announced three solicitations for a total of up to $30.5 billion in federal loan guarantees for projects that employ advanced energy technologies and that avoid, reduce or sequester anthropogenic emissions of air pollutants or greenhouse gases. The three solicitations are in the areas of energy efficiency, renewable energy and advanced transmission and distribution technologies; advanced nuclear power facilities; and advanced nuclear facilities for the 'front-end' of the nuclear fuel cycle. This marks the second round of solicitations for DOE's Loan Guarantee Program, which encourages the commercial use of new or significantly improved energy technologies. To learn more, view the DOE solicitation announcement.