Loan Guarantees for U.S. Renewables Making a Comeback
Posted by Pete Danko
Apr 17, 2014 3:30 PM ET
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The Great Energy Challenge Energy Blog
The Great Energy Challenge Energy Blog
Federal loan guarantees for renewable energy, which spurred the development of massive projects like the recently completed Ivanpah Solar Electric Generating System in California – and roiled the 2012 elections – are emerging from hibernation.
More than two years after closing the last such loan guarantee, the U.S. Department of Energy announced on Wednesday that it intends to make up to $4 billion available “for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.”
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