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Today, the Department’s Loan Programs Office (LPO) released a report highlighting the role it has played in financing commercial-scale deployments of energy technology innovation that are already helping the U.S. to reduce carbon dioxide emissions. A...
Desert Sunlight, a 550-megawatt (MW) photovoltaic (PV) solar power plant located in Riverside County, California, was designated a Top Renewable Plant by POWER Magazine, which has been covering the power industry for more than 132 years.
The Department of Energy's Loan Programs Office announced that $1 billion of additional loan guarantee authority has been finalized and application deadlines have been extended for the Advanced Fossil Energy Projects and Renewable Energy and Efficient ...
At the National Clean Energy Summit in Nevada, President Obama announced how the Loan Programs Office (LPO) can support distributed energy generation. LPO has released supplements to its existing Renewable Energy and Efficient Energy (REEE) Projects an...
LPO has heard from technology providers and project developers with a wide range of exciting technologies and has received a robust pipeline of applications. However, during the course of our conversations with technology providers and project develope...
Executive Director Peter Davidson marked the the end of his tenure at the Department’s Loan Programs Office (LPO) with another major achievement for the program – the announcement that the Department will guarantee $1.8 billion in loans to three su...
In April 2015, Loan Programs Office (LPO) Executive Director Peter Davidson participated in the Obama Administration’s first presidentially-designated Business Development Mission to the People’s Republic China, led by Commerce Secretary Penny Prit...
The Department announced a conditional commitment for a $259 million Advanced Technology Vehicles Manufacturing (ATVM) loan to aluminum manufacture...
LPO helped finance the first five utility-scale PV projects larger than 100 MW in the U.S. With Desert Sunlight now fully operational, all five projects are online, generating clean electricity and repaying loans. The initial investments made by LPO he...