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loan guarantee

Is The Energy Department Still Looking To A Give Coal-To-Liquid Plant A Loan Guarantee?

April 4, 2014 by Joseph Romm
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Coal Plant Loan Guarantees

According to the Casper Star-Tribune, the Department of Energy (DOE) is reconsidering the loan guarantee application for a stalled coal to liquids (CTL) project in Wyoming. Or, as one senior administration official told me, “we may be carrying this ‘all of the above’ strategy a bit too far.”[read more]

Energy Innovation: If You Don’t Fail Occasionally, You’re Doing It Wrong

September 2, 2011 by Matt Hourihan
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The high-profile bankruptcy of solar manufacturer Solyndra – the recipient of a $535 million federal loan guarantee from the Department of Energy – is sending shockwaves through the clean energy community, rightly so. Few other companies have been so closely identified with the Administration’s current clean energy push, or been the subject of as much controversy. The failure certainly won’t make the politics of clean energy support any easier, and the timing could hardly be worse.[read more]

DOE Finalizes $1.45 Billion Loan Guarantee for Arizona Solar Plant

December 21, 2010 by Mike Gregory

U.S. Energy Secretary Steven Chu today announced a $1.45 billion loan guarantee has been finalized for Abengoa Solar Inc.'s Solana project, the world's largest parabolic trough concentrating solar plant. Located near Gila Bend, Arizona, the 250-megawatt (MW) project is the first large-scale solar plant in the United States capable of...[read more]

Department of Energy Offers Conditional Commitment for a Loan Guarantee to Support World's Largest Wind Project

October 12, 2010 by Mike Gregory

U.S. Energy Secretary Steven Chu today announced a conditional commitment to provide a partial guarantee for a $1.3 billion loan in support of the world's largest wind farm to date. The loan will finance the Caithness Shepherds Flat wind project, an 845 megawatt wind-powered electrical generating facility located in eastern Oregon...[read more]

Solar’s long and winding road

July 8, 2010 by Marc Gunther
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Fred Morse

Fred Morse In 1969, the Nixon White House asked a young assistant professor of engineering at the University of Maryland whether solar energy made sense for America. Absolutely, he replied. Four decades later, Fred Morse is still trying to persuade the government to put its muscle behind solar. Last week, he scored a big victory. In his...[read more]

USEC gets two new investors

June 12, 2010 by Dan Yurman

CEO John Welch says the firm will re-submit its application for a $2 billion DOE loan guarantee This blog post is an edited version of an article published May 27, 2010, in Fuel Cycle Week V9:N378 by International Nuclear Associates, Washington, DC. May 25th was a red letter day for USEC (NYSE:USU) CEO John Welch. He's had more than his...[read more]

Areva gets loan guarantee for Eagle Rock

May 20, 2010 by Dan Yurman

U.S. Department of Energy measure will boost investor confidence in the $2 billion plant. The long wait is over for Areva. The U.S. Department of Energy has offered a conditional commitment for a $2 billion loan guarantee to AREVA to facilitate financing of its Eagle Rock Enrichment Facility planned for development near Idaho Falls,...[read more]