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U.S. Department of Energy Secretary Chris Wright today announced the release of the second loan disbursement to Holtec for the Palisades Nuclear Plant.

Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers.
Highlights from 2024 and how LPO is advancing U.S. energy leadership in 2025 and beyond

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.

Project Horizon will manufacture mid-sized electric SUVs in Georgia that are price competitive with gas-powered equivalents.

Montana Renewables will expand its renewable fuels facility to scale up sustainable aviation fuel (SAF) production.

The Qcells facility will enable deployment of PV energy systems and domestic capability for critical parts of the solar supply chain.