Office of Loan Programs Office
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Recent News About Office of Loan Programs Office
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Biden Administration Proposes New Cost-Saving Energy Efficiency Standards for Home Furnaces
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DOE Announces Contract Awards and Issues Fourth Emergency Sale of Crude Oil From the Strategic Petroleum Reserve
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DOE Announces First Loan Guarantee for a Clean Energy Project in Nearly a Decade
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Statement by Energy Secretary Granholm on The Confirmation of Shalanda Baker
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DOE to Support Clean Energy Transition in 12 Remote and Island Communities
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DOE Awards $110 Million for Groundbreaking Research by 83 Early Career Scientists
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DOE Partners With Carnegie Mellon University to Launch The 2022 Global Clean Energy Action Forum
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Each month, the LPO Monthly Application Activity report updates
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The U.S. Department of Energy (DOE) Loan Programs Office (LPO) has released a Request for Information (RFI) seeking information about how to update and improve its rule governing the Title 17 Innovative Technologies Loan Guarantee Program.
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The Tribal Energy Loan Guarantee Program (TELGP) was created to provide access to debt capital to support economic opportunities to tribes through energy development projects and activities. At the Reservation Economic Summit
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In this biweekly series, DOE LPO Director Jigar Shah reflects on the challenges that come with achieving a zero-carbon electric grid and how the emerging technology of the Virtual Power Plant, or VPP, can turn those challenges into opportunities for all Americans.
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With nearly 80 active applications across a variety of technology sectors submitted since March 2021, the Department’s Loan Programs Office (LPO) has been picking up steam.
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There will be many exciting milestones as the United States transitions to electric vehicles (EVs), and today marks the latest one.
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The report breaks down the cumulative loan amount requested of current applications into general technology sectors that are potentially eligible under the Title 17 Innovative Energy Loan Guarantee Program
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LPO closed the fiscal year on September 30, 2021, with $18.7 billion in exposure and 24 active borrowers, supporting 17 innovative, commercial-scale clean energy and vehicle manufacturing projects.
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The Loan Programs Office’s (LPO) FY 2023 Budget Request, released this week, comes at a time of increased applicant interest in LPO as the nation’s largest source of financing for early-stage innovative energy technologies, with over $70 billion in active applications as of March 2022.
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An application for a Title 17 Innovative Energy Loan Guarantee is comprised of two parts.
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Recharting the U.S.’s path to a better climate future, the Biden Administration recognizes a modernized electricity delivery system as an imperative link between a rapidly changing power generation sector and increasing demand from end-users.
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The U.S. Department of Energy (DOE) Loan Programs Office (LPO) is a $40+ billion lending platform that finances next-generation U.S. energy infrastructure and advanced vehicle technology, serving as a bridge to bankability for breakthrough projects and technologies and de-risking them at early stages of commercialization so they can reach full market acceptance.
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On March 29, 2021, the Biden Administration established a goal of 30 gigawatts (GW) of domestic offshore wind deployment by 2030.