The Title XVII innovative clean energy projects loan program (Title XVII) provides loan guarantees to accelerate the deployment of innovative clean energy technology. The U.S. Department of Energy is authorized to issue loan guarantees pursuant to Title XVII of the Energy Policy Act of 2005. Loan guarantees are made to qualified projects and applicants who apply for funding in response to open technology-specific solicitations.
The Title XVII loan program applies to a wide range of energy technologies, including advanced fossil energy, nuclear energy, renewable energy, and energy efficiency. LPO is currently accepting applications in response to the following open Title XVII solicitations:
Open Title XVII Solicitations
Bridging the Clean Energy Financing Gap
Commercial lenders are often unwilling or unable to take on the risk of supporting the deployment of a new technology until it has a solid history of commercial operation. As a result, the initial commercial deployment of new energy technology is often limited by a project developer’s inability to secure sufficient long-term debt financing to build the project. Title XVII was established to fill this critical role in the marketplace by financing the first deployments of a new technology to bridge the gap for commercial lenders. Once the technology is proven at commercial scale through the first few projects, the Department stops providing financing and lets the private market take over.