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LPO Press Releases

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September 8, 2011
Energy Department Finalizes $150 Million Loan Guarantee to 1366 Technologies that Could Drive Down Manufacturing Costs and Make American Solar More Competitive

Game-Changing Manufacturing Process Could Cut Production Costs of Silicon Wafers in Half

September 7, 2011
Energy Department Loan Guarantee Would Support Large-Scale Rooftop Solar Power for U.S. Military Housing

Nation’s Largest Residential Solar Project Could Fund Hundreds of Jobs, Many for U.S. Veterans

August 26, 2011
Department of Energy Finalizes Partial Guarantee for $852 Million Loan to Support California Concentrating Solar Power Plant

Project Will Fund Over 800 Jobs and Increase Nation’s Currently Installed Concentrating Solar Power Capacity by an Estimated 50 Percent

August 15, 2011
Department of Energy Finalizes $102 Million Loan Guarantee to Record Hill Wind, LLC for Maine Wind Project

Project Expected to Fund Approximately 200 Jobs and Provide Improvements to Wind Turbine Performance
 

August 5, 2011
Department of Energy Finalizes a $967 Million Loan Guarantee to Support the Agua Caliente Solar Project

Arizona Project Expected to Generate Approximately 400 Jobs

July 13, 2011
Department of Energy Offers Severstal Dearborn, LLC a $730 Million Conditional Loan Commitment for Michigan Project

Project Expected to Generate Over 2,500 Jobs and Manufacture Advanced Steel to Improve Fuel Efficiency

January 20, 2011
Department of Energy Offers First Conditional Commitment for a Loan Guarantee for Advanced Biofuels Plant

Project Expected to Create Over 700 Jobs and Nearly Triple Amount of Renewable Diesel Produced Domestically

August 5, 2010
Department of Energy Extends Renewable Energy Loan Guarantee Solicitation

New Deadline Invites More Clean Energy Projects to Break Ground in U.S.

August 2, 2010
Department of Energy Offers $17 Million Conditional Commitment to Improve Reliability of New York State's Electrical Grid

First Battery-Based Energy Storage System Project to Be Selected by DOE for a Conditional Loan Guarantee Commitment

July 27, 2010
Secretary Chu Announces Closing of $117 Million Loan Guarantee for Kahuku Wind Power Project

Hawaii Wind Plant to Create More Than 200 Jobs and Produce Clean, Renewable Energy for About 7,700 Oahu Homes Annually

May 26, 2010
Deputy Secretary Poneman Attends Ground Breaking at Tennessee Advanced Vehicle Battery Plant

Smyrna Electric Vehicle Project Expected to provide up to 1,500 Jobs in Tennessee

March 5, 2010
DOE Offers $72 Million Conditional Loan Guarantee to SAGE Electrochromics

Project will create over 200 jobs and significantly reduce heating, lighting and cooling costs

October 7, 2009
Energy Department Announces New Private Sector Partnership to Accelerate Renewable Energy Projects

New Financial Institutional Partnership Program will accelerate deployment of billions in lending under Recovery Act

July 29, 2009
Obama Administration Announces Billions in Lending Authority for Renewable Energy Projects and to Modernize the Grid

Loan Guarantees Will Help Create New Jobs while Fostering Clean Energy Innovation

July 28, 2009
800 to 1000 New Jobs Coming to Piketon

Department of Energy to Accelerate Cleanup Work While USEC Further Develops ACP Technology

July 2, 2009
Obama Administration Offers $59 Million in Conditional Loan Guarantees to Beacon Power and Nordic Windpower, Inc.

WASHINGTON, DC -- Secretary Steven Chu today announced $59 million in conditional loan guarantees from the Department of Energy for Nordic Windpower, USA, and Beacon Power.

June 23, 2009
Obama Administration Awards First Three Auto Loans for Advanced Technologies to Ford Motor Company, Nissan Motors and Tesla Motors

Washington, DC -- Today, the Obama Administration announced $8 billion in conditional loan commitments for the development of innovative, advanced vehicle technologies that will create thousands of green jobs while helping reduce the nation's dangerous dependence on foreign oil.  The loan commitments announced today by the President include $5.9 billion for Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce 13 more fuel efficient models; $1.6 billion to Nissan North America, Inc.

March 20, 2009
Obama Administration Offers $535 Million Loan Guarantee to Solyndra, Inc.

Investment Could Lead to Thousands of New Jobs

February 19, 2009
Secretary Chu Announces Changes to Expedite Economic Recovery Funding

Restructuring will lead to new investments in energy projects within months