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August 20, 2010
Department of Energy Extends Renewable Energy Loan Guarantee Solicitation

WASHINGTON, DC - Secretary Steven Chu announced today that the Department of Energy is extending the application deadline for the July 2009 energy efficiency, renewable energy and advanced transmission and distribution technologies solicitation. The Round 8, Part 1 application deadline is October 5, 2010. This gives companies an additional six weeks to apply for a loan guarantee under Section 1703, and if qualified, under Section 1705, provided by the American Recovery and Reinvestment Act.  

August 12, 2010
Department of Energy Paves Way for Additional Clean Energy Projects and Jobs Through Manufacturing Solicitation

Recovery Act Funds to Support New Renewable Energy Manufacturing Projects

August 9, 2010
Department of Energy and Beacon Power Finalize $43 Million Loan Guarantee for Innovative Energy Storage Project in New York State

Washington D.C. --- Energy Secretary Steven Chu today announced that a $43 million loan guarantee has been finalized for Beacon Power Corporation's 20 megawatt innovative flywheel energy storage plant in Stephentown, NY.  The plant will help improve the stability and reliability of the state's electric grid and Beacon estimates it will create 20 construction jobs in New York and 40 permanent jobs in Massachusetts. Beacon Power is an energy storage company headquartered in Tyngsboro, Massachusetts.

June 10, 2010
Department of Energy Offers $102 Million Conditional Commitment for Loan Guarantee to U.S. Geothermal, Inc.

Oregon Project is First Geothermal Project to Receive Conditional Commitment

April 23, 2010
Department of Energy Announces Closing of $529 Million Loan to Fisker Automotive

Manufacturing at Shuttered Delaware GM Plant Expected to Create Over 2,000 Jobs

February 22, 2010
DOE Announces Nearly $1.4 billion in Conditional Loan Guarantees for BrightSource Energy

Innovative solar energy projects expected to create more than 1,000 jobs

February 16, 2010
President Obama Announces Loan Guarantees to Construct New Nuclear Power Reactors in Georgia

Conditional deal is major step towards restarting the domestic nuclear industry

December 9, 2009
Department of Energy Offers $245 Million Conditional Loan Guarantee to Red River Environmental Products

Washington, DC - Energy Secretary Steven Chu today announced the offer of a $245 million conditional loan guarantee to Red River Environmental Products, LLC to build an activated carbon (AC) manufacturing facility near Coushatta, Red River Parish, Louisiana.  The company expects to create 500 jobs during construction and 70 jobs once the plant is fully operational. 

December 7, 2009
Department of Energy Issues Final Rule on Loan Guarantees

WASHINGTON, DC - Today, Energy Secretary Steven Chu announced the issue of a final rule amending the Department of Energy's regulations for its Loan Guarantee Program. The revised rule will allow for increased participation in the program by financial institutions and other investors and enable the support of more innovative energy technologies in the United States.

November 10, 2009
DOE Announces New Executive Director of Loan Guarantee Program

Appointment will streamline review process and help speed economic recovery