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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

January 19, 2025 admin 0 Comments batteries, clean power, Energy Storage, investing in america, Joe Biden, lithium-ion batteries, loan programs office, policy & politics, Solar energy, subsidies, sunwealth, us department of energy (doe)

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]

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