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July 24, 2014
In September 2011, the Department of Energy issued a $1.2 billion loan guarantee to support the construction of California Valley Solar Ranch (CVSR), a 250 MWac photovoltaic (PV) solar generating facility in rural San Luis Obispo County, California. The project reached commercial operation in October 2013.
Loan Guarantees Can Play a Role in Rural Opportunity Investment

When he announced the creation of the White House Rural Council, President Obama said, “Strong rural communities are key to a stronger America.” Strengthening America’s energy generation and transmission will play an important role in this opportunity for rural communities.

July 9, 2014
LPO Blog
Updates to the Section 1703 Loan Guarantee Program
The Department of Energy’s Loan Programs Office (LPO) is announcing two administrative updates to its Section 1703 loan guarantee program. This program was authorized by Title XVII of the Energy Policy Act of 2005 and issues loan guarantees to eligible innovative energy projects. 
 
July 3, 2014
LPO Blog
New Solicitation Supports U.S. Innovation with Renewable Energy and Energy Efficiency

Today, the Department’s Loan Programs Office (LPO) is kicking off a long weekend of celebrating American independence by announcing a major investment in American energy. The $4 billion Renewable Energy and Efficient Energy Projects Loan Guarantee solicitation  is intended to support the first commercial-scale deployments of the next wave of innovative clean energy technologies.

July 1, 2014
LPO Blog
For Cape Wind, Summer Breeze Makes Offshore Wind Feel Fine

The Department of Energy announced that it has issued a conditional commitment for a $150 million loan guarantee to the Cape Wind Project, which would be the first offshore wind energy project in the U.S. if constructed off Nantucket Sound. It could supply approximately 75 percent of the electricity needs of Cape Cod and the Islands.

June 25, 2014
LPO Blog
One Year into President’s Climate Action Plan, Finance Playing an Important Role

One year ago today, President Obama announced his Climate Action Plan, which called on the United States to be a leader in deploying clean energy.

June 5, 2014
The <a href="/node/801451">Ivanpah Solar Electric Generating System</a> in Ivanpah Dry Lake, California. | Photo by Gilles Mingasson, Getty Images for Bechtel.
The Year of Concentrating Solar Power: Five New Plants to Power America with Clean Energy

Learn about a new report that explains why 2014 is the year for concentrating solar power in the U.S.

May 30, 2014
LPO Blog
Electric Vehicle Manufacturing Taking Off in the U.S.

Recent milestones by Nissan and Tesla highlight the growing demand for advanced technology vehicles and with nearly $16 billion in remaining loan authority, the ATVM Loan Program can play an important role in meeting that demand and the President’s average fuel efficiency goal.

May 7, 2014
LPO Blog
ATVM Loans Help Boost Pickup Truck Efficiency

America’s love of the pickup truck is what makes us so excited by this week’s announcement that Ford has sold its 500,000th 3.5-liter V6 EcoBoost®-equipped F-150 truck. The EcoBoost achievement is the latest success story for the Department’s Loan Programs Office (LPO).

April 29, 2014
Agua Caliente, located in Yuma County, Arizona, is now the largest solar photovoltaic power plant in the world. | Photo courtesy of NRG Energy.
Agua Caliente, World's Largest Solar Photovoltaic Plant, Helps Advance America's Solar Leadership

Announcing the launch of Agua Caliente, a utility-scale solar plant that will generate enough clean electricity to power thousands of homes.

February 20, 2014
Construction work inside the Vogtle 3 and 4 module assembly building. | Photo courtesy of Georgia Power Company.
At Vogtle, Big Results with Nuclear Power

Supporting the construction of the first new nuclear power plant to be built in the U.S. in nearly thirty years.

February 14, 2014
Located in the Mojave Desert, 40 miles southwest of Las Vegas, the Ivanpah Solar Electric Generating System is the largest solar thermal energy facility in the world, with 392 MW of capacity – meaning it can produce enough renewable electricity to power nearly 100,000 homes. It uses 173,500 heliostat mirrors spread over approximately 3,500 acres, focusing solar energy on boilers located atop three solar power towers, generating steam to turn a conventional steam turbine. The facility is owned by NRG Solar, Google and BrightSource Energy. The Energy Department provided a $1.6 billion loan guarantee to the project.
 
Pictured here is an aerial perspective of the nearly completed Ivanpah Solar Power Facility, taken in April 2013. | Photo courtesy of Gilles Mingasson/Getty Images for Bechtel.
Photo of the Week: Ivanpah Solar

Check out our favorite energy-related photos!

February 13, 2014
Celebrating the Completion of the World's Largest Concentrating Solar Power Plant

Traveling west for the dedication of the Ivanpah Solar Electric Generating System.

December 12, 2013
The National Energy Technology Laboratory's <a href="http://energy.gov/articles/potential-path-emissions-free-fossil-energy">chemical looping reactor</a>. This promising approach to capturing carbon dioxide will be among the technologies explored as part of the the Loan Program Office's advanced fossil energy solicitation. | Photo courtesy of the National Energy Technology Laboratory.
Launching the Next Wave of Clean Fossil Energy Innovation

Advancing fossil energy projects across the United States, with support from a new $8 billion loan guarantee.

October 31, 2013
The California Valley Solar Ranch produces clean, renewable electricity at the scale of traditional power plants. | Photo courtesy of SunPower.
Solar Goes Big: Launching the California Valley Solar Ranch

The clean energy revolution continues to build momentum as one of the world's largest solar photovoltaic power plants opens for business.

September 17, 2013
LPO Blog
An Update on Fisker Automotive and the Energy Department’s Loan Portfolio

The continued success of America’s auto industry depends on innovation and next-generation technologies that consumers all over the world increasingly demand -- and the Energy Department is playing an important role in this global competition.

June 22, 2012
Installing a concentrating solar power system in Gila Bend, Arizona. The curved  mirrors are tilted toward the sun, focusing sunlight on tubes that run the length of the mirrors. The reflected sunlight heats a fluid flowing through the tubes. The hot fluid then is used to boil water in a conventional steam-turbine generator to produce electricity. | Photo by Dennis Schroeder.
Top 6 Things You Didn't Know About Solar Energy

Counting down our list of top things you didn't know about solar energy -- read on for more on the most abundant energy resource known to mankind.

June 21, 2012
Beyond Solyndra: How the Energy Department’s Loans are Accelerating America’s Transition to a Clean Energy Future

From creating jobs and protecting our air and water, the Energy Department's loan program is helping to win the global race for a clean energy economy.

April 5, 2012
The Caithness Shepherds Flat wind farm in eastern Oregon features 338 turbines spread across two counties. The project is supporting thousands of jobs beyond the 1,000 construction workers on site. The project will utilize 15 suppliers in nine states to fulfill orders for the 845 megawatt wind farm, including General Electric assembly facilities in Pensacola, Florida and Tehachapi, California.  Logistics companies, indirect suppliers, and site contractors are also playing an important role in the project. | Image courtesy of Caithness Shepherds Flat
Update on the 1703 Loan Program

David Frantz, the Loan Programs Office acting Executive Director, provides an update to Senators Bingaman and Murkowski on the loan program.

February 27, 2012
More Than 350 Now at Work Building CA Valley Solar Plant

Progress on the California Valley Solar Ranch is in full swing as 350 skilled professionals work to construct the 250 MW solar facility.

February 10, 2012
A crew from Electric Power Board (EPB) of Chattanooga, TN,  install an S&C IntelliRupter PulseCloser on its distribution network. EPB is installing more than 1,000 of the smart switches which can detect customer outages remotely, isolate damaged sections of the power lines and quickly restore power to customers.  | Photo courtesy of EPB Chattanooga
Modernizing the Grid: Getting More out of America’s Energy

As modernization of the nation’s electric grid moves forward, consumers and businesses are experiencing fewer outages, faster power restoration when outages do occur, more efficient operations, and cost savings. Here are some of the latest examples of how Smart Grid Investment Grants from the Energy Department are helping the electric grid to better serve the American people.

February 10, 2012
Strengthening the Loan Program

Today, the White House issued its Independent Review on the health of the Department’s clean energy loan portfolio. The following is Secretary Chu’s statement thanking Herb Allison for his review.

October 3, 2011
The Power and Potential of Geothermal Energy

Office of Public Affairs Director, Dan Leistikow, details how the Energy Department's loan programs are playing a crucially important role in helping the United States compete globally for clean energy jobs.

September 14, 2011
'Perfect Storm' Sank Solyndra

Deputy Secretary of Energy Daniel Poneman discusses Solyndra Solar and the need for the U.S. to continue to invest in clean energy technologies and our nation's future.

April 11, 2011
The Department of Energy’s $1.6 billion loan guarentee will support Bright Source’s Ivanpah Solar Energy Generating System. | courtesy of Bright Source
Department Announces Loan Guarantee for BrightSource Energy Inc.

The Department of Energy has finalized a $1.6 billion loan guarantee with the California company BrightSource Energy, Inc. to complete the construction of three concentrated solar power plants. A projected that is projected to create more than 1,000 jobs and, once operational, will produce enough solar energy to power 85,000 homes a year.

October 1, 2010
Secretary Chu and John Berry (foreground) at the Department of Energy Feds Feed Families Event.
DOE Weighs in at 120,000 lbs!

Tom D'Agostino, Under Secretary for Nuclear Security, and Administrator for the National Nuclear Security Administration, as well as the Energy Department of Energy's Co-Chair to Feds Feed Families, shares the results of the Federal food donation drive.