HISTORY

2024

DECEMBER

• Conditional commitment for loan guarantee to Nostromo Energy 
• Conditional commitment for loan guarantee to Wisconsin Electric Power Company 
• Conditional commitment for loan to NOVONIX 
• Conditional commitment for loan guarantee to Pacific Gas & Electric Company (PG&E) 
• Loan issued to StarPlus Energy 
• Conditional commitment for loan guarantee to Convergent Energy and Power Inc. 
• Loan issued to EVgo 
• Loan issued to Montana Renewables   
• Loan issued to Qcells 

NOVEMBER  

• Loan issued to SK Siltron CCS  
• Loan issued to Li-Cycle  
• Loan issued to ENTEK  
• Conditional commitment for loan to Rivian 
• Conditional commitment for loan to StarPlus Energy 
• Conditional commitment for loan guarantee to Sunwealth 
• Conditional commitment for loan guarantee to Grain Belt Express  
• DOE releases report on Pathways to Commercial Liftoff for Sustainable Aviation Fuel

OCTOBER 

• Partial loan guarantee issued to LongPath 
• Conditional commitment for loan guarantee to Montana Renewables 
• Conditional commitment for loan guarantee to Gevo 
• Conditional commitment for loan to Aspen Aerogels 
• Partial loan guarantee issued for Project Marahu 
• Conditional commitment for loan guarantee to EVgo 
• Loan issued to Lithium Americas Corp.  

SEPTEMBER  

• Conditional commitment for loan guarantee to Wabash Valley Resources  
• Partial loan guarantee issued for Viejas Microgrid 
• Partial loan guarantee issued to Holtec Palisades 

AUGUST 

• Conditional Commitment for loan guarantee to Qcells

JULY 

• Conditional commitment for loan to ENTEK Lithium Seperators
• Conditional commitment for loan guarantee to Clean Flexible Energy
• Conditional commitment for loan guarantee to IRG Erie 

JUNE 

• Conditional commitment for loan guarantee to Solugen’s Bioforge Marshall

MAY

• Conditional commitment for loan guarantee to Plug Power 

APRIL

• DOE releases reports on Pathways to Commercial Liftoff for Offshore Wind and Innovative Grid Deployment

MARCH 

• Conditional commitment for loan guarantee to Viejas Microgrid
• Conditional commitment for loan guarantee to Lithium Americas Corp. 
• LPO announces Demonstrate Deploy Decarbonize 2024 
• Conditional commitment for loan guarantee to Holtec Palisades 
• DOE releases report on Pathways to Commercial Liftoff for Next-Generation Geothermal Power

FEBRUARY 

• Conditional commitment for loan to ABS
• Conditional commitment for loan to SK Siltron CCS  

JANUARY 

• Conditional commitment for loan guarantee to LongPath 
• LPO publishes Year in Review 2023 

2023

NOVEMBER 

• LPO begins accepting applications for Energy Infrastructure Reinvestment Program (1706)

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 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
• DOE releases reports on Pathways to Commercial Liftoff for Virtual Power Plants and Industrial Decarbonization

AUGUST

• Conditional Commitment for loan to Eos
• DOE announces availability of up to $10 billion in loan authority through ATVM for automotive manufacturing conversion projects to retain quality auto-sector jobs

JULY

• DOE published the updated ⁠Loan Guarantee Solicitation Announcement for Tribal Energy Development Projects, administered through the Tribal Energy Finance Program and as further defined through this amended and restated solicitation

JUNE

• Conditional Commitment for loan to KORE Power
• Conditional Commitment for loan to BlueOval SK

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

• Conditional Commitment for partial loan guarantee to Sunnova’s Project Hestia
• DOE releases report on Pathways to Commercial Liftoff for Carbon Management

MARCH

• DOE Releases First Reports on Pathways to Commercial Liftoff for Advanced Nuclear, Clean Hydrogen, and Long Duration Energy Storage to Accelerate Clean Energy Technologies

FEBRUARY

• Conditional Commitment for loan to Li-Cycle
• Conditional Commitment for loan to Redwood Materials

JANUARY

• Conditional Commitment for loan to Ioneer Rhyolite Ridge
• LPO publishes Year in Review 2022

2022

OCTOBER

• LPO and Office of Fossil Energy and Carbon Management launched Carbon Dioxide Transportation Infrastructure Finance and Innovation (CIFIA) program

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

• Loan issued for Syrah Vidalia
• Conditional commitment for loan to Ultium Cells
• TELGP updates that implement direct lending authority

JUNE

• Loan guarantees issued for Advanced Clean Energy Storage

MAY

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

APRIL

• Conditional commitment for loan guarantee to Advanced Clean Energy Storage
• Conditional commitment for loan to Syrah Vidalia

2021

DECEMBER

• Conditional commitment for loan guarantee to Monolith
• Launch of Monthly Application Activity Report

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 Director, Loan Programs Office

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 Director, Loan Programs Office

MARCH

• Loan guarantees issued for Vogtle

2018

JULY

• Tribal Energy Loan Guarantee Program solicitation issued

FEBRUARY

•  Tribal Energy Loan Guarantee Program designated to LPO by Energy Secretary

2017

SEPTEMBER

• Conditional commitments for additional loan guarantees to Vogtle

MAY

• John Sneed appointed as Director, Loan Programs Office

JANUARY

• Revised Title XVII Final Rule published
• Supplements and guidance released to Title XVII Advanced Fossil Energy and Renewable Energy and Efficieny Energy Projects solicitations and ATVM program with regard to alternative fuel vehicle infrastructure, including electric vehicles 

2016

DECEMBER

• Conditional commitment for Title XVII loan guarantee offered to Lake Charles Methanol 

OCTOBER

• Update to Powering New Markets: Utility-scale Photovoltaic Solar released
• Powering New Markets: Energy Storage Poised for Growth report released

JULY

• Supplement released to Title XVII Renewable Energy and Efficient Energy Projects solicitation clarifying electric vehicle charging infrastructure eligibility

JANUARY

• Driving Economic Growth: Advanced Technology Vehicles Manufacturing report released

2015

DECEMBER

• Financing Innovation to Address Climate Change report released
• Desert Sunlight awarded Top Plant (Renewables) – POWER Magazine

OCTOBER

• $1 billion in new loan guarantee authority finalized for Advanced Fossil Energy Projects ($500 million) and Renewable Energy and Efficient Energy Projects ($500 million) solicitations

AUGUST

• Supplements released to Advanced Fossil Energy Projects and Renewable Energy and Efficient Energy Projects solicitations clarifying eligibility of Distributed Energy Projects

JULY

• Mark McCall appointed as Director, Loan Programs Office
• Supplements released to Advanced Fossil Energy Projects and Renewable Energy and Efficiency Energy Projects solicitations clarifying eligibility of projects that use mixed fuels, projects that produce products (including chemicals), and for how efficiency is defined
• Supplement released to Advanced Nuclear Energy Projects solicitation clarifying projects that do not generate, or facilitate the generation of, power

JUNE

• Loan guarantees issued for Vogtle (MEAG Power)

MARCH

• Conditional commitment for ATVM loan offered to Alcoa

FEBRUARY

• Powering New Markets: Utility-scale Photovoltaic Solar report released

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

• LPO Financial Performance report released

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

• Draft Advanced Nuclear Energy Projects Loan Guarantee Solicitation issued

AUGUST

• Ivanpah awarded 2014 Plant of the Year – POWER Magazine

JULY

• $4 billion Renewable Energy and Efficient Energy Projects Loan Guarantee Solicitation issued
• Conditional commitment for loan guarantee offered to Cape Wind

JUNE

• 2014: The Year of Concentrating Solar Power report released

APRIL

• Draft Renewable Energy and Efficient Energy Projects Loan Guarantee Solicitation issued

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

• Mesquite 1 awarded Renewable Top Plant – POWER Magazine
• $8 billion Advanced Fossil Energy Projects Loan Guarantee Solicitation issued

JULY

• Draft Advanced Fossil Energy Projects Loan Guarantee Solicitation issued

MAY

• Peter Davidson appointed as Executive Director

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

• Authority to issue loan guarantees under Section 1705 expired on September 30, 2011.
• Partial loan guarantee issued for Desert Sunlight through FIPP
• Partial loan guarantee issued for Project Amp through FIPP
• Loan guarantee issued for Antelope Valley Solar Ranch
• Loan guarantee issued for California Valley Solar Ranch
• Loan guarantee issued for Abengoa Bioenergy
• Loan guarantee issued for Crescent Dunes
• Loan guarantee issued for Mesquite 1
• Partial loan guarantee issued for Ormat Nevada through FIPP
• Partial loan guarantee issued for Granite Reliable through FIPP
• Loan guarantee issued for POET, LLC
• Loan guarantee issued for Alamosa
• Loan guarantee issued for 1366 Technologies
• Conditional commitment for loan guarantee offered to SolarCity Corporation (SolarStrong)

AUGUST

• Partial loan guarantee issued for Genesis through FIPP
• Loan guarantee issued for SoloPower, Inc.
• Conditional commitment for loan guarantee offered to Abengoa Bioenergy
• Loan guarantee issued for Record Hill
• Loan guarantee issued for Agua Caliente

JULY

• Shepherds Flat awarded 2011 Renewable Energy Deal of the Year – Environmental Finance
• Conditional commitment for loan offered to Severstal Dearborn, LLC
• Conditional commitment for loan guarantee offered to POET, LLC

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

• Ormat Nevada Jersey Valley Power Plant awarded 2011 Geothermal Project of the Year – Renewable Energy World
• Conditional commitment for loan guarantee offered to Record Hill
• ATVM loan issued for The Vehicle Production Group LLC

FEBRUARY

• Loan guarantee issued for One Nevada Line
• Conditional commitment for loan guarantee offered to SoloPower, Inc.

JANUARY

• Conditional commitment for loan guarantee offered to Valero Energy Corporation and Darling International Inc.
• Conditional commitment for loan guarantee offered to Agua Caliente

2010

DECEMBER

• LPO Online Application Portal awarded 2010 Global Awards for Excellence in BPM & Workflow – Workflow Management Coalition and BPM.com
• Loan guarantee issued for Abound Solar Manufacturing
• Partial loan guarantee issued for Shepherds Flat through FIPP
• Loan guarantee issued for AES Energy Storage, LLC

NOVEMBER

• Conditional commitment for ATVM loan offered to The Vehicle Production Group LLC

OCTOBER

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

AUGUST

• Conditional commitment for loan guarantee offered to AES Energy Storage, LLC
• Loan guarantee issued for Beacon Power Corporation
• Commercial Technology Manufacturing Systems and Components solicitation issued

JULY

• Loan guarantee issued for Kahuku
• Partial loan guarantee issued for Blue Mountain through FIPP

JUNE

• Loan guarantee issued for USG Oregon
• Conditional commitment for partial loan guarantee offered to Blue Mountain through FIPP
• Conditional commitment for loan guarantee offered to Solana
• Conditional commitment for loan guarantee issued offered Abound Solar Manufacturing, LLC

MAY

• Conditional commitment for loan guarantee offered to AREVA Enrichment Services, LLC

APRIL

• ATVM loan issued for Fisker Automotive

MARCH

• Conditional commitment for loan guarantee offered to Kahuku
• Conditional commitment for loan guarantee offered to SAGE Electrochromics, Inc.

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

• 2009 Transmission solicitation issued
• 2009 Energy Efficiency Renewable solicitation issued
• Conditional commitment for loan guarantee offered to Beacon Power Corporation
• Conditional commitment for loan guarantee offered to Nordic Windpower USA, Inc.

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

• Conditional commitment for loan guarantee offered to Solyndra, Inc.

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