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October 29, 2008

DOE Extends Application Deadline for Renewable Energy Loan Guarantee Solicitation

WASHINGTON, DC – The U.S. Department of Energy (DOE) announced today that it is extending the due date for submission of applications for loan guarantees under Title XVII of the Energy Policy Act of 2005 for the June 30, 2008 solicitation (DE-FOA-0000005) for energy efficiency, renewable energy and advanced transmission and distribution technologies (the “Renewables Solicitation”). The application submission due dates for stand-alone and manufacturing projects, as well as the Part I applications for large-scale integration projects, have been extended from December 31, 2008 to February 26, 2009.

Due to the extensive interest expressed in the Renewables Solicitation, DOE is extending the time period for submission of applications in order to provide adequate time for all interested parties to develop and submit applications. Any project sponsor that has already filed an application with DOE pursuant to the Renewables Solicitation may amend, supplement or revise that application on or before February 26, 2009.

Today’s announcement does not change the deadline for submission of Part II applications for Large-Scale Integration Projects under the Renewables Solicitation, which are due on a date that shall be no later than April 30, 2009, as set by DOE in written notices to eligible applicants.

DOE’s Loan Guarantee Program, authorized by Title XVII of the Energy Policy Act of 2005, aims to facilitate early commercial use of new or significantly improved technologies in energy related projects. Loan guarantees issued by DOE will be backed by the full faith and credit of the United States. Projects supported by loan guarantees will help fulfill President Bush’s goal of reducing our reliance on imported sources of energy by diversifying our nation’s energy mix, increasing energy efficiency and improving the environment.

For more information, visit DOE’s Loan Guarantee Program.

Media contact(s):
Alyson Austin (202) 586-4940

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