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LPO Improves Access for Tribal Energy Projects with Updated Solicitation
The Department of Energy’s Loan Programs Office (LPO) today announced an important update to the Tribal Energy Loan Guarantee Program (TELGP) solicitation that implements several program changes to improve access to the program for tribes.
May 25, 2022
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Introducing VPPieces
In this biweekly series, DOE LPO Director Jigar Shah reflects on the challenges that come with achieving a zero-carbon electric grid and how the emerging concept of the Virtual Power Plant can turn those challenges into opportunities for all Americans
May 12, 2022
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April 2022 Monthly Application Activity Report
The Loan Programs Office (LPO) publishes the LPO Monthly Application Activity Report – a new way to understand the level of interest from applicants for LPO financing, and what technology sectors have been most actively engaged with LPO.
May 4, 2022
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Innovative Clean Energy Loan Guarantees Gathering Momentum, New Conditional Commitment Offered for Hydrogen Production and Storage Project
DOE's Loan Programs Office today announced a conditional commitment for the Advanced Clean Energy Storage Project, as well as updating its Title 17 Innovative Clean Energy solicitations to make them easier for applicants to navigate.
April 26, 2022
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Overview of the Loan Programs Office
Video courtesy of the Department of Energy

ABOUT LPO

LPO has more than $40 billion in loans and loan guarantees available to help deploy innovative clean energy, advanced transportation, and tribal energy projects in the United States. Over the past decade, LPO has closed more than $30 billion of deals across a variety of energy sectors. Review our overview and subscribe to our newsletter to keep informed about the program.

Follow LPO on LinkedIn and YouTube. 

FOR POTENTIAL BORROWERS

LPO provides debt financing for the commercial deployment of large-scale energy projects; however, for research, development, and demonstration (RD&D) and smaller projects, other offices within DOE offer funding and financing opportunities. For example, the Homeowner’s Guide to Going Solar provides valuable information from DOE's Solar Energy Technologies Office about financing home and small commercial solar systems.  

After reading about the respective program's requirements, potential borrowers are encouraged to seek a pre-application consultation to discuss eligibility requirements and the application process directly with LPO staff. Including a brief description of the proposed project in your email is helpful.

To learn more about how LPO likes to work with borrowers and how to eventually apply, visit the LPO Process page. 

AVAILABLE LOANS & LOAN GUARANTEES

Innovative Clean Energy: Fossil Loan Guarantees
$8.5 billion in loan guarantee authority for innovative clean energy: fossil projects
Innovative Clean Energy: Nuclear Loan Guarantees
$10.9 billion in loan guarantee authority for innovative clean energy: nuclear projects
Advanced Technology Vehicles Manufacturing Loan Program
$17.7 billion in direct loan authority to support U.S. manufacturing of fuel-efficient, advanced technology vehicles and qualifying components
Innovative Clean Energy Loan Guarantees
Up to $4.5 billion in loan guarantee authority for innovative renewable energy & efficient energy projects
Tribal Energy Loan Guarantee Program (TELGP)
Up to $2 billion in partial loan guarantee authority for tribal energy development projects
Loan Programs Office portfolio map

PORTFOLIO

LPO manages a portfolio comprising more than $30 billion of loans, loan guarantees, and conditional commitments covering more than 30 projects. Overall these loans and loan guarantees have resulted in more than $50 billion in total project investment.

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