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LPO Press Releases

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December 21, 2016
LPO Press Releases
Energy Department Offers Conditional Commitment for First Advanced Fossil Energy Loan Guarantee

Lake Charles Methanol would be world’s first methanol production facility with carbon capture and first petcoke to methanol facility in U.S.

October 14, 2016
Energy Department Analysis: Loan Guarantee Program Launched Utility-Scale Photovoltaic Solar Market in the United States

DOE Loan Program Releases Updated Analysis at Mesquite Solar 3 Dedication Ceremony Showing Five DOE Loans Have Led to an Additional 45 Large Solar PV Projects Established by Industry

July 21, 2016
FACT SHEET: Obama Administration Announces Federal and Private Sector Actions to Accelerate Electric Vehicle Adoption in the United States

Administration announces new actions geared towards accelerating the deployment of electric vehicle charging infrastructure and putting more electric vehicles on the road.

June 2, 2016
Energy Secretary Moniz Hosts Gathering of World’s Energy Ministers in San Francisco to Advance Technology Solutions, Accelerate Clean Energy Deployment

21 governments and European Union announce efforts to double clean energy R&D investments over five years to $30 billion per year.

January 21, 2016
Energy Department Announces $58 Million to Advance Fuel-Efficient Vehicle Technologies

Secretary Moniz Continues Obama Administration Commitment to American Auto Industry, Releases Advanced Technology Vehicles Manufacturing Report on DOE Successes

August 24, 2015
President Obama Announces More Than a Billion Dollars in Energy Department Initiatives to Advance Innovative Clean Energy Technologies

LPO and ARPA-E Initiatives Support America’s Growing Low-Carbon Economy and Combat Climate Change

June 24, 2015
Energy Department Issues Remaining $1.8 Billion in Loan Guarantees for Vogtle Advanced Nuclear Energy Project

To further support the construction of two advanced nuclear reactors at the Alvin W. Vogtle Electric Generating Plant, the Department of Energy announced today it will issue $1.8 billion in loan guarantees to three subsidiaries of the Municipal Electric Authority of Georgia (MEAG Power).

March 26, 2015
Energy Department Offers Conditional Commitment to Alcoa to Support Manufacturing of Aluminum for Automotive Sector

As part of the Administration’s effort to support advanced vehicles that are more affordable for Americans to drive, strengthen U.S. leadership in manufacturing advanced vehicle technologies, and reduce greenhouse gas emissions through increased fuel efficiency, the Department of Energy announced a conditional commitment for a $259 million loan to Alcoa Inc. today.

December 10, 2014
Department of Energy Issues Final $12.5 Billion Advanced Nuclear Energy Loan Guarantee Solicitation

WASHINGTON D.C. — Today, the Department of Energy issued the Advanced Nuclear Energy Projects loan guarantee solicitation, which provides as much as $12.5 billion to support innovative nuclear energy projects as a part of the Administration’s all-of-the-above energy strategy.

September 30, 2014
Department of Energy Issues Draft Loan Guarantee Solicitation for Advanced Nuclear Energy Projects

The Department of Energy has issued a draft solicitation that would provide up to $12.6 billion in loan guarantees for Advanced Nuclear Energy Projects, supporting the Administration’s all-of-the-above energy strategy and bringing the nation closer to its low-carbon future.

July 3, 2014
Energy Department Makes Additional $4 Billion in Loan Guarantees Available for Innovative Renewable Energy and Efficient Energy Projects

Washington D.C. — In support of the President’s Climate Action Plan, the Department of Energy issued a loan guarantee solicitation today, making as much as $4 billion in loan guarantees available for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.

July 1, 2014
Energy Department Offers Conditional Commitment to Cape Wind Offshore Wind Generation Project

The Department of Energy today announced the first step toward issuing a $150 million loan guarantee to support the construction of the Cape Wind offshore wind project with a conditional commitment to Cape Wind Associates, LLC.

May 21, 2014
Energy Department Announces Projects to Advance Cost-Effective Concentrating Solar Power Systems

The Energy Department today announced $10 million for six new research and development projects that will advance innovative concentrating solar power (CSP) technologies.

April 16, 2014
Department of Energy Issues Draft Renewable Energy and Efficient Energy Projects Solicitation to Foster Clean Energy Innovation

In support of the Administration’s all-of-the-above energy strategy, the Department of Energy issued a draft loan guarantee solicitation today for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.

April 2, 2014
Sec. Moniz Discusses Advanced Technology Vehicle Manufacturing Loans

U.S. Secretary of Energy Ernest Moniz today highlighted key improvements to the Department’s Advanced Technology Vehicles Manufacturing (ATVM) Loan Program at the Motor & Equipment Manufacturers Association (MEMA) Legislative Summit.

February 19, 2014
Sec. Moniz to Georgia, Energy Department Scheduled to Close on Loan Guarantees to Construct New Nuclear Power Plant Reactors

Project represents first new nuclear reactors to begin construction in the United States in three decades

February 13, 2014
Energy Secretary Moniz Dedicates World’s Largest Concentrating Solar Power Project

Energy Secretary Ernest Moniz will participate today in the opening of the Ivanpah Solar Energy Generating System, the world’s largest concentrating solar power (CSP) plant.

January 27, 2014
Statement by Energy Secretary Ernest Moniz on 2013 Solar Jobs Census

Secretary Moniz issued a statement on the 2013 Solar Jobs Census.

December 12, 2013
Department of Energy Releases $8 Billion Solicitation for Advanced Fossil Energy Projects

The Energy Department published a solicitation today, making up to $8 billion in loan guarantee authority available to support innovative advanced fossil energy projects that avoid, reduce, or sequester greenhouse gases

July 2, 2013
Energy Department Releases Draft Advanced Fossil Energy Solicitation to Support Reductions in Greenhouse Gas Pollution

As part of President Obama’s Climate Action Plan, DOE announced today a draft loan guarantee solicitation for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas and other air pollution.

May 22, 2013
Moniz: Tesla Repayment Shows the Strength of Energy Department’s Overall Loan Portfolio

Tesla Automotive repaid the entire remaining balance on a $465 million loan from the Department of Energy nine years earlier than originally required.

December 22, 2011
Secretary Chu Statement on AP1000 Reactor Design Certification

U.S. Energy Secretary Steven Chu issued the following statement today in support of the Nuclear Regulatory Commission’s (NRC) decision to certify Westinghouse Electric’s AP1000 nuclear reactor design, a significant step towards constructing a new generation of U.S. nuclear reactors.

September 30, 2011
Energy Department Finalizes $1.2 Billion Loan Guarantee to Support California Solar Generation

Project funds more than 350 jobs and avoids more than 425,000 metric tons of carbon dioxide annually

September 30, 2011
Energy Department Finalizes Loan Guarantee for Transformational Rooftop Solar Project

Largest rooftop project in U.S. history will enable wide distribution of solar power across country while funding at least a thousand jobs

September 30, 2011
Energy Department Finalizes $646 Million Loan Guarantee to Support Innovative Solar Power Plant

Project Funds Hundreds of Jobs in California and Deploys Innovative Technologies that Improve Efficiency and Reliability of Solar Power