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Today’s action disburses $100,451,904 of the up to $1.52 billion loan guarantee to Holtec for the Palisades Nuclear Plant.
A total of $1.8B has been disbursed to date to Ultium Cells LLC, and will be repaid in full, plus interest, close to seven years early.
U.S. Department of Energy Secretary Chris Wright today announced the release of the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant advancing efforts to unleash American nuclear energy.
U.S. Department of Energy Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant.
Highlights from 2024 and how LPO is advancing U.S. energy leadership in 2025 and beyond.
Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers.
Section 1706 Loan Guarantee Will Maintain Affordability for Customers and Improve System Resilience and Reliability
Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain.
Plug Power will produce and liquify clean hydrogen fuel using innovative American-made electrolyzers, supplying major companies across the U.S.
Project Polo will deploy commercial-scale PV and storage to create integrated virtual power plants across 27 states.