Clean Technica

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

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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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Clean Technica

$1.67 Billion to Montana Renewables to Significantly Expand US Sustainable Aviation Fuel Production

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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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