At the National Clean Energy Summit 8.0 in Nevada, President Obama announced that the Loan Programs Office (LPO) has issued guidance for potential applicants on the kinds of Distributed Energy Projects it can support, in the form of supplements to its existing Renewable Energy and Efficient Energy (REEE) Projects and Advanced Fossil Energy Projects solicitations.
President Obama’s announcement sends a clear signal that the Energy Department can support distributed energy projects. LPO’s guidance provides examples of the types of financial structures LPO will consider in connection with distributed energy projects.
- Supplement to Loan Guarantee Solicitation for Advanced Fossil Energy Projects regarding Distributed Energy Projects
- Supplement to Loan Guarantee Solicitation for Renewable Energy and Efficient Energy Projects regarding Distributed Energy Projects
- President Obama Announces More Than a Billion Dollars in Energy Department Initiatives to Advance Innovative Clean Energy Technologies (August 24, 2015)