DOE Announces Support for Plug Power Hydrogen Production Sites

Credit to Author: Darrell Proctor| Date: Mon, 20 May 2024 01:24:40 +0000

The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money earmarked […]

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DOE Offers $3B Conditional Loan Guarantee to Virtual Power Plant Initiative

Credit to Author: Sonal Patel| Date: Thu, 20 Apr 2023 14:00:03 +0000

Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power […]

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Michigan Governor Urges DOE to Support Palisades Nuclear Plant’s Reopening

Credit to Author: Sonal Patel| Date: Mon, 12 Sep 2022 14:42:25 +0000

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Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

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Massive Utah Hydrogen Storage Project Garners Finalized $504M DOE Loan Guarantee

Credit to Author: Sonal Patel| Date: Thu, 09 Jun 2022 11:36:08 +0000

The Department of Energy’s (DOE’s) first official loan guarantee for a new clean energy technology project since 2014 will go to the Advanced Clean Energy Storage 1 project in Utah—one of the world’s largest renewable hydrogen energy projects.  The DOE on June 8 announced it closed on the $504.4 million loan guarantee for the first […]

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ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee

Credit to Author: Sonal Patel| Date: Thu, 28 Apr 2022 20:00:20 +0000

The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]

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