Department of Energy Issues Draft Renewable Energy and Efficient Energy Projects Solicitation to Foster Clean Energy Innovation

This draft solicitation represents another step in the Department's commitment to help overcome the financial barriers to the deployment of innovative, clean energy technologies.

Washington D.C. — 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. When finalized, the solicitation is expected to make as much as $4 billion in loan guarantees available to help commercialize technologies that may be unable to obtain full commercial financing. This draft solicitation represents another step in the Department's commitment to help overcome the financial barriers to the deployment of innovative, clean energy technologies.


"Through our existing renewable energy loan guarantees, the Department's Loan Programs Office helped launch the U.S. utility-scale solar industry and other clean energy technologies that are now contributing to our clean energy portfolio," said Secretary Ernest Moniz. "We want to replicate that success by focusing on technologies that are on the edge of commercial-scale deployment today."

The Renewable Energy and Efficient Energy Projects Loan Guarantee solicitation is intended to support technologies that are catalytic, replicable, and market ready. Within the draft solicitation, the Department has included a sample list illustrative of potential technologies for consideration. While any project that meets the eligibility requirements is eligible to apply, the Department has identified five key technology areas of interest: advanced grid integration and storage; drop-in biofuels; waste-to-energy; enhancement of existing facilities; and efficiency improvements.

The Department welcomes public comment on a range of issues and will consider public feedback in defining the scope of the final solicitation. In addition to initiating a 30-day public comment period, a schedule of public meetings will be posted on the Department's website. The draft solicitation can be found online at http://lpo.energy.gov.

Once the solicitation is finalized, the Department's Loan Programs Office (LPO) will be accepting applications in three areas, which also include the $8 billion Advanced Fossil Energy Projects Solicitation that was released in December 2013 and the $16 billion Advanced Technology Vehicle Manufacturing (ATVM) loan program.

Currently, the LPO supports a diverse portfolio of more than $30 billion in loans, loan guarantees, and commitments, supporting more than 30 projects nationwide. The projects that LPO has supported include one of the world's largest wind farms; several of the world's largest solar generation and thermal energy storage systems; and more than a dozen new or retooled auto manufacturing plants across the country.

Featured Product

The Solar Fastener Expert by Mudge Fasteners. Your Source for Solar Industry-Related Hardware

The Solar Fastener Expert by Mudge Fasteners. Your Source for Solar Industry-Related Hardware

3M™ Extreme Sealing Tape is a family of single coated, pressure sensitive adhesive tapes designed for difficult sealing applications. The backing on this tape is an ionomer film that is very tough yet flexible and abrasion resistant. The very soft and thick acrylic adhesive has excellent sealing properties and good outdoor durability. This single coated tape is designed to seal over an existing joint, seam, or penetration. The adhesive is designed to adhere well to the ionomer film so that overlapping tape joints can be made while maintaining a strong seal. 3M™ Extreme Sealing Tape - instant sealing that rolls on fast and looks good.