Energy & Sustainability Alert

Butzel Long Client Alert!

The U.S. Department of Energy (DOE) announced the availability of $4 billion in loan guarantees available for Innovative Renewable Energy and Efficient Energy Projects.

On July 3, 2014, the U.S. Department of Energy (DOE) announced the availability of $4 billion in loan guarantees available for Innovative Renewable Energy and Efficient Energy Projects. Eligible projects must utilize an innovative technology or system and reduce, avoid or sequester greenhouse gases. DOE may guarantee up to 80% of an eligible project. While projects must be located in the U.S., projects may be foreign owned.

While, any renewable energy or energy efficiency technology that reduces green house gases and is new or significantly improved, as compared to more established technologies will be considered, DOE's solicitation for this loan guarantee identifies five targeted technology areas of interest:

To read the complete alert, please click on the link under "Related Files."