Funding Resources
Funding Resources
| Energy Efficiency/Renewable Energy Loan Guarantees | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | National |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, Coal, Hydrogen, LFG, Other |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award | U.S. Department of Energy (DOE) released its second round of solicitations for $10 billion in loan guarantees for energy efficiency, renewable energy, and advanced transmission and distribution projects. The loan guarantees are made available under Title XVII of the Energy Policy Act (EPAct) of 2005. The final regulation provides that the Department may issue guarantees for up to 100 percent of the amount of a loan, subject to the EPAct limitation that DOE may not guarantee a debt instrument for more than 80 percent of the total cost of an eligible project. A broad range of projects are eligible for funding. The American Recovery and Reinvestment Act of 2009 (H.R. 1), enacted in February 2009, extended the authority of the DOE to issue loan guarantees and appropriated $6 billion for this program. Under this legislation, the DOE may enter into guarantees until September 30, 2011. |
| Start Date | 8/9/2006 |
| End Date | 9/30/2011 |
| Minimum Efficiency(%) |
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| Additional Information |
|
| Web Site |
http://www.lgprogram.energy.gov/keydocs.html ![]() |
| Additional Web Site |
http://www.lgprogram.energy.gov/RenSol10-29-08Amend2.pdf ![]() |
| Primary Contact |
DOE Loan Guarantee Program 1000 Independence Avenue, S.W. Washington, DC 20585 U.S.A. DOE Loan Guarantee Program (lgprogram@hq.doe.gov) (202) 586-8336 |
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