U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain

Credit to Author: US Department of Energy| Date: Sat, 18 Jan 2025 04:53:40 +0000

Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain. The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $996 million loan guarantee (including $968 million of principal and $28 million of capitalized interest) to Ioneer Rhyolite Ridge LLC … [continued]

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U.S. DOE Announces $15 Billion Loan Guarantee to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, & Transmission

Credit to Author: US Department of Energy| Date: Sat, 18 Jan 2025 04:51:32 +0000

Section 1706 Loan Guarantee Will Maintain Affordability for Customers and Improve System Resilience and Reliability As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s Loan Programs Office (LPO) announced today the closing of a $15 billion loan guarantee to Pacific Gas & Electric Company … [continued]

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U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico

Credit to Author: US Department of Energy| Date: Sat, 18 Jan 2025 04:50:26 +0000

Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers. The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of … [continued]

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$1.66 Billion Turbo-Boost For US Green Hydrogen Industry

Credit to Author: Tina Casey| Date: Fri, 17 Jan 2025 20:15:56 +0000

The US green hydrogen firm Plug Power has just nailed a $1.66 federal loan guarantee towards the goal of building up to six hydrogen hubs around the country.

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Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel

Credit to Author: Darrell Proctor| Date: Sun, 19 Jan 2025 16:22:40 +0000

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades […]

The post Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel appeared first on POWER Magazine.

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U.S. DOE Announces $289.7 Million Loan Guarantee to Sunwealth to Deploy Solar PV & Battery Energy Storage, Creating Wide-Scale Virtual Power Plant

Credit to Author: US Department of Energy| Date: Fri, 17 Jan 2025 04:57:39 +0000

Project Polo will deploy commercial-scale PV and storage to create integrated virtual power plants across 27 states. As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth Holdco … [continued]

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U.S. DOE Announces $1.66 Billion Loan Guarantee to Plug Power to Produce & Liquify Clean Hydrogen Fuel

Credit to Author: US Department of Energy| Date: Fri, 17 Jan 2025 04:00:21 +0000

Today, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the closing of a $1.66 billion loan guarantee ($1.55 billion in principal and $107 million in capitalized interest) to Plug Power Inc.’s (Plug) subsidiary, Plug Power Energy Loan Borrower, LLC, to help finance the construction of up to six facilities … [continued]

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Biden’s DOE Finalizes $15 Billion Loan Guarantee to California’s PG&E

Credit to Author: Darrell Proctor| Date: Fri, 17 Jan 2025 21:17:59 +0000

The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to a single group in the history of […]

The post Biden’s DOE Finalizes $15 Billion Loan Guarantee to California’s PG&E appeared first on POWER Magazine.

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Your Questions About Montana Renewables, (Partly) Answered

Credit to Author: Tina Casey| Date: Sun, 12 Jan 2025 02:41:57 +0000

Montana Renewables is planning to expand their sustainable aviation fuel footprint with an assist from the US Department of Energy.

The post Your Questions About Montana Renewables, (Partly) Answered appeared first on CleanTechnica.

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$1.67 Billion to Montana Renewables to Significantly Expand US Sustainable Aviation Fuel Production

Credit to Author: US Department of Energy| Date: Sat, 11 Jan 2025 02:13:38 +0000

Montana Renewables will expand its renewable fuels facility to scale up sustainable aviation fuel (SAF) production. As part of the Biden-Harris administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $1.67 billion ($1.44 billion of principal and $233 million of … [continued]

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