E-bulletin from Hogan & Hartson's Focus On Climate and Clean Energy, Hogan & Hartson LLP, 07.31.2009
On July 29, the Department of Energy (DOE) issued two solicitations for roughly $30 billion in loan guarantees: one for innovative technologies and a second, smaller solicitation for transmission projects. The solicitations are generally similar to those issued by DOE in 2008 under the Title XVII loan guarantee program, but there are some important differences designed to enable both DOE and the applicants to understand more quickly the likelihood a guarantee will be granted. Reportedly, in the fall, DOE will offer a further loan guarantee opportunity to projects employing established renewable energy technologies that have bank financing in hand...[link to article]
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