Posted by Pete Danko
Federal loan guarantees for renewable energy, which spurred the development of massive projects like the recently completed Ivanpah Solar Electric Generating System in California – and roiled the 2012 elections – are emerging from hibernation.
More than two years after closing the last such loan guarantee, the U.S. Department of Energy announced on Wednesday that it intends to make up to $4 billion available “for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.”