DOE Offering Loan Guarantees For Renewable Energy Projects

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The U.S. Department of Energy (DOE) is seeking applications for loan guarantees under Title XVII of the Energy Policy Act of 2005 for the June 30, 2008, solicitation (DE-FOA-0000005). Due to extensive interest, the application submission due dates for stand-alone and manufacturing projects, as well as the Part I applications for large-scale integration projects, has been extended from Dec. 31, 2008, to Feb. 26, 2009.

DOE says it is actively renewable energy promoting projects that fall within the following three general project-type categories: (1) manufacturing projects, (2) stand-alone projects, and (3) large-scale integration projects that may combine multiple eligible renewable energy, energy efficiency and transmission technologies in accordance with a staged development scheme.

DOE's Loan Guarantee Program aims to facilitate early commercial use of new or significantly improved technologies in energy related projects. Loan guarantees issued by DOE will be backed by the full faith and credit of the U.S.

Further information on the program and application materials are available at www.lgprogram.energy.gov.

SOURCE: U.S. Department of Energy

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