2023

SEPTEMBER

  • Partial loan guarantee issued for Sunnova’s Project Hestia
  • Launch of LPO’s new dynamic portfolio projects map that showcases its clean energy and advanced technology vehicle manufacturing projects, including active conditional commitments and loans, across the United States
  • LPO co-hosts Demonstrate Deploy Decarbonize 2023, the first annual gathering of senior leaders in industry and across sectors to build momentum towards demonstrating new clean energy and decarbonization technologies, deploying them at scale, and decarbonizing the U.S. economy
  • LPO launches the State Energy Financing Institution (SEFI) Toolkit, designed to help applicants, potential SEFIs, and others understand the process for becoming a SEFI and communicate the types of SEFIs that are currently certified

AUGUST

JULY

JUNE

MAY

  • Conditional Commitment for loan to CellLink
  • LPO releases updated Program Guidance for the Title 17 Clean Energy Financing Program, which can provide a total principal amount of over approximately $300 billion in loan guarantees for clean energy, facility decarbonization and energy infrastructure reinvestment projects

APRIL

MARCH

FEBRUARY

JANUARY

2022

OCTOBER

AUGUST

  • Inflation Reduction Act (P.L. 117-169) signed into law, appropriating approximately $11.7 billion in total for LPO to support issuing new loans. These amounts increased loan authority in LPO’s existing loan programs by approximately $100 billion and added a new loan program, the Energy Infrastructure Reinvestment (EIR) program (section 1706).

JULY

JUNE

MAY

  • TELGP updates that implement several program changes to improve access to the program for tribes.

APRIL

2021

DECEMBER

JUNE

  • Title 17 updates applied deferring upfront application fees and streamlining the Part I application process for innovative energy projects

MARCH

  • Jigar Shah appointed as Executive Director

2020

JUNE

  • Supplement released to Advanced Fossil Energy Projects loan guarantee solicitation regarding eligibility for projects that avoid, reduce, or sequester air polluntants

JANUARY

  • Supplement released to Tribal Energy Loan Guarantee Program regarding tribal ownership of projects
  • Supplement released to Advanced Nuclear Energy Projects loan guarantee solicitation regarding funds available

2019

NOVEMBER

  • Dong Kim appointed as Executive Director

MARCH

  • Loan guarantees issued for Vogtle

2018

JULY

FEBRUARY

2017

SEPTEMBER

  • Conditional commitments for additional loan guarantees to Vogtle

MAY

JANUARY

2016

DECEMBER

OCTOBER

JULY

JANUARY

2015

DECEMBER

OCTOBER

AUGUST

JULY

JUNE

  • Loan guarantees issued for Vogtle (MEAG Power)

MARCH

  • Conditional commitment for ATVM loan offered to Alcoa

FEBRUARY

2014

DECEMBER

  • Agua Caliente awarded 2014 Top Plant (Solar) – POWER Magazine
  • Ivanpah awarded Renewable Energy Project of the Year – Pennwell
  • Crescent Dunes awarded Project of the Year, Best Energy/Industrial & Excellence in Safety Award of Merit – Engineering News Record Southwest
  • $12.5 billion Advanced Nuclear Energy Projects Loan Guarantee Solicitation issued

NOVEMBER

OCTOBER

  • Secretary Moniz and LPO Executive Director Davidson attend dedication ceremony for Abengoa Bioenergy
  • Solana awarded Utility-Scale Innovation Award – Energy Storage North America

SEPTEMBER

AUGUST

  • Ivanpah awarded 2014 Plant of the Year – POWER Magazine

JULY

JUNE

APRIL

FEBRUARY

  • Loan guarantees issued for Vogtle (Georgia Power Company and Oglethorpe Power Corporation)
  • Secretary Moniz and LPO Executive Director Davidson attend dedication ceremony for Ivanpah, which opens as the world’s largest concentrating solar power plant

2013

DECEMBER

JULY

MAY

  • Peter Davidson appointed as Executive Director, Loan Programs Office

JANUARY

  • Tesla Model S awarded 2013 Car of the Year – Motor Trend

2012

NOVEMBER

  • Tesla Model S awarded 2013 Automobile of the Year – Automobile Magazine

MARCH

  • Desert Sunlight awarded 2011 North American Solar Deal of the Year – Project Finance Magazine

FEBRUARY

  • Agua Caliente awarded 2011 Solar Project of the Year – Renewable Energy World’s Excellence in Renewable Energy Award Program
  • Ivanpah awarded CSP Achievement of the Year – Solar Power Generation USA
  • Agua Caliente awarded 2011 Photovoltaic Project of the Year – Solar Power Generation USA

2011

SEPTEMBER

AUGUST

JULY

JUNE

  • Shepherds Flat awarded 2011 Deal of the Year – Energy Risk Magazine
  • Conditional commitment for loan guarantee offered to Antelope Valley Solar Ranch
  • Conditional commitment for partial loan guarantee offered to Desert Sunlight through FIPP
  • Conditional commitment for partial loan guarantee offered to Topaz Solar Farms, LLC through FIPP
  • Conditional commitment for partial loan guarantee offered to Project Amp through FIPP
  • Conditional commitment for loan guarantee offered to Mesquite 1
  • Conditional commitment for partial loan guarantee offered to Granite Reliable through FIPP
  • Conditional commitment for loan guarantee offered to 1366 Technologies
  • Conditional commitment for loan guarantee offered to Calisolar Inc.
  • Conditional commitment for loan guarantee offered to Mojave
  • Conditional commitment for partial loan guarantee offered  to Genesis through FIPP
  • Conditional commitment for partial loan guarantee offered to Ormat Nevada
  • Conditional commitment for loan guarantee offered to Fotowatio Renewable Ventures, Inc.

MAY

  • Conditional commitment for loan guarantee offered to Crescent Dunes
  • Department of Energy Recognized by Computerworld as 2011 Honors Laureate
  • Conditional commitment for loan guarantee offered to Alamosa

APRIL

  • LPO Online Application Portal awarded 2011 Laureate – International Data Group’s Computerworld Honors Program
  • Conditional commitment for loan guarantee offered to Solar Trust of America, LLC. (Solar Millennium)
  • Conditional commitment for loan guarantee offered to California Valley Solar Ranch
  • Loan guarantee issued for Ivanpah

MARCH

FEBRUARY

JANUARY

2010

DECEMBER

NOVEMBER

OCTOBER

  • Conditional commitment for partial loan guarantee offered to Shepherds Flat through FIPP
  • Conditional commitment for loan guarantee offered to One Nevada Line

AUGUST

JULY

JUNE

MAY

APRIL

MARCH

FEBRUARY

  • Conditional commitments for loan guarantees offered to Vogtle (Georgia Power Company, Oglethorpe Power Corporation and the Municipal Electric Authority of Georgia)
  • Conditional commitment for loan guarantee offered to Ivanpah

JANUARY

  • ATVM loan issued for Nissan
  • ATVM loan issued for Tesla
  • Energy and Water Development and Related Agencies Appropriations Act of 2010 amends Interim Final Rule to include ultra-efficient vehicles

2009

DECEMBER

  • Conditional commitment for loan guarantee offered to Red River Environmental Products, LLC

NOVEMBER

  • Jonathan Silver appointed as Executive Director, Loan Programs Office 

OCTOBER

  • Financial Institution Partnership Program - Commercial Technology Renewable Energy Generation Projects solicitation issued

SEPTEMBER

  • ATVM loan issued for Ford
  • Conditional commitment for ATVM loan offered to Fisker Automotive
  • Loan guarantee issued for Solyndra, Inc.

JULY

JUNE

  • Conditional commitment for ATVM loan offered to Ford
  • Conditional commitment for ATVM loan offered to Nissan
  • Conditional commitment for ATVM loan offered to Tesla

MARCH

FEBRUARY

  • American Recovery and Reinvestment Act of 2009 amended Loan Guarantee Program’s authorizing legislation, creating Section 1705

2008

NOVEMBER

  • Director, Advanced Technologies Vehicle Manufacturing Loan Program hired
  • DOE issues rules for ATVM Loan Program

OCTOBER

  • Initial rankings issued for 2008 Nuclear Power loan guarantee solicitation

SEPTEMBER

  • Advanced Fossil Energy Projects loan guarantee solicitation issued
  • The FY 2009 Continuing Resolution enacted – appropriated $7.5 billion to support a maximum of $25 billion in loans under ATVM Loan Program.

JUNE

  • DOE issues three solicitations for loan guarantees:
    • Energy Efficiency and Renewable Energy (EERE) and Advanced Transmission and Distribution
    • Nuclear Power
    • Front End Nuclear Fuel Cycle

JANUARY

  • Energy Independence and Security Act enacted, creating Section 136 ATVM Loan Program

2007

OCTOBER

  • DOE issues Final Regulations for Loan Guarantee Program
  • Sixteen pre-applicants from August 2006 Solicitation invited to submit full application

AUGUST

  • Director, Loan Guarantee Program hired

MAY

  • DOE issues Notice of Proposed Rulemaking

APRIL

  • Loan Guarantee Program funded and begins operations

FEBRUARY

  • Congress provides DOE with initial loan guarantee authority

2006

AUGUST

  • First solicitation issued inviting interested parties to submit pre-applications

2005

AUGUST

  • Energy Policy Act of 2005 enacted, including Title XVII, Incentives for Innovative Technologies, creating Section 1703 eligible projects