U.S. Department of Energy Loan Programs Office (LPO)

Technology Keywords: Project Finance, Finance, Funding, Renewable, Efficiency, Fossil, Nuclear, Auto, Manufacturing, Supply Chain

Overview: The Department of Energy's Loan Programs Office (LPO) invests in the power of American innovation. LPO investments accelerate the deployment of innovative clean energy projects and advanced vehicle manufacturing facilities across the U.S. To date, LPO has supported a diverse portfolio of more than $30 billion in loans, loan guarantees, and commitments covering more than 30 projects across the U.S. These include some of the world's largest solar projects, and electric vehicle, wind, bioenergy, geothermal, and nuclear facilities. LPO is currently accepting applications under the Title XVII Innovative Clean Energy Projects loan guarantee program in response to three solicitations: up to $8.5 billion for Advanced Fossil Energy Projects, up to $4.5 billion for Renewable Energy and Efficient Energy Projects, and up to $12.5 billion for Advanced Nuclear Energy Projects. LPO also administers the Advanced Technology Vehicles Manufacturing loan program, which currently has more than $16 billion in available loan authority.