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Secretary Chu Announces Finalized $5.9 Billion Loan for Ford Motor Company

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Secretary Steven Chu announced that the Department of Energy has closed on its loan offer of $5.9 billion to Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce more fuel efficient models. The loan is part of the Department’s Advanced Technology Vehicles Manufacturing program, which supports the development of innovative, advanced vehicle technologies to create thousands of clean energy jobs while helping reduce the nation’s dangerous dependence on foreign oil.

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Joint Statement by President Barack Obama and Prime Minister Stephen Harper of Canada on Accelerating Economic Recovery and Job Creation

WASHINGTON, DC – The Prime Minister and the President reviewed progress to date on the U.S.-Canada Clean Energy Dialogue launched during President Obama's visit to Ottawa. They agreed that the report to leaders presented by U.S. Energy Secretary Steven Chu and Canadian Minister of the Environment Jim Prentice represents an important path forward for pursuing our shared objectives of environmental protection and secure energy supply in a balanced and effective manner.

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US Energy Secretary Chu Announces Finalized $5.9 Billion Loan for Ford Motor Company

Washington, DC – Today, Secretary Steven Chu announced that the Department of Energy has closed on its loan offer of $5.9 billion to Ford Motor Company to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce more fuel efficient models. The loan is part of the Department’s Advanced Technology Vehicles Manufacturing program, which supports the development of innovative, advanced vehicle technologies to create thousands of clean energy jobs while helping reduce the nation’s dangerous dependence on foreign oil.

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Secretary Chu Names 2009 Enrico Fermi Award Winners

WASHINGTON, DC – US Energy Secretary Steven Chu has named Dr. John Bannister Goodenough and Dr. Siegfried S. Hecker as the winners of the Enrico Fermi Award, one of the most prestigious science and technology awards awarded by the U.S. Government. The Presidential award carries an honorarium of $375,000, which will be shared equally, and a gold medal. The award is administered on behalf of the White House by the U.S. Department of Energy.

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Obama Administration Delivers More than $36 Million to Pennsylvania Communities for Energy Efficiency Projects

BENSALEM, PA – At a Clean Energy Economy Forum with Governor Rendell in Bensalem, U.S. Energy Secretary Steven Chu announced that DOE is awarding more than $36 million in funding from the American Recovery and Reinvestment Act to support energy efficiency and conservation projects in communities across Pennsylvania. These funds are being awarded to Pennsylvania’s State Energy Office and local cities and counties to help lower energy use, reduce carbon pollution, and create green jobs across the Keystone State.

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Energy.gov/Recovery
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