Tag: Loan Programs Office
U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain
Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain. The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $996 million loan guarantee (including $968 million of principal and $28 million of capitalized interest) to Ioneer Rhyolite Ridge LLC … [continued]
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U.S. DOE Announces $15 Billion Loan Guarantee to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, & Transmission
Section 1706 Loan Guarantee Will Maintain Affordability for Customers and Improve System Resilience and Reliability As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s Loan Programs Office (LPO) announced today the closing of a $15 billion loan guarantee to Pacific Gas & Electric Company … [continued]
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U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico
Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers. The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of … [continued]
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Your Questions About Montana Renewables, (Partly) Answered
Montana Renewables is planning to expand their sustainable aviation fuel footprint with an assist from the US Department of Energy.
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$1.67 Billion to Montana Renewables to Significantly Expand US Sustainable Aviation Fuel Production
Montana Renewables will expand its renewable fuels facility to scale up sustainable aviation fuel (SAF) production. As part of the Biden-Harris administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $1.67 billion ($1.44 billion of principal and $233 million of … [continued]
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Red State To Rescue EV Battery Supply Chain As Graphite Trade War Looms
Tennessee will play a key role in the domestic EV battery supply chain, as the host of two new factories slated to produce synthetic graphite in bulk.
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Qcells Solar Factory in Georgia Gets $1.45 Billion Loan Guarantee
The Qcells facility will enable deployment of PV energy systems and domestic capability for critical parts of the solar supply chain. As part of the Biden-Harris Administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $1.45 billion loan guarantee … [continued]
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Ford Gets $9.63 Billion Loan for BlueOval SK from US DOE
Donald Trump may be the president-elect in the United States, but tons of Joe Biden policy is still alive and getting rolled out. As I’ve written recently, there actually seems to be a sprint to get as much implemented before Trump and Republicans take over. One of those items is … [continued]
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