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Department of Energy Loan Programs Office Clean Energy Projects

Sector: Energy Storage • Location: United States

Source: The Good Men Project

Project
Active

The Department of Energy's Loan Programs Office received almost $400 billion to support ambitious new clean energy projects including new nuclear power plants, high-voltage transmission lines, and battery factories. The program provides loans guaranteed by the U.S. Treasury to utilities and startups for clean energy infrastructure that the private sector considers too risky. Despite claims of canc

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The project “Department of Energy Loan Programs Office Clean Energy Projects” is an infrastructure initiative in the Energy Storage sector, located in United States. Taiyo aggregates data on it from The Good Men Project.

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Description

Description

The Department of Energy's Loan Programs Office received almost $400 billion to support ambitious new clean energy projects including new nuclear power plants, high-voltage transmission lines, and battery factories. The program provides loans guaranteed by the U.S. Treasury to utilities and startups for clean energy infrastructure that the private sector considers too risky. Despite claims of cancellations, many projects have survived and continue to receive support, including a $26.5 billion loan to Southern Company for nuclear power plant upgrades, battery storage, and transmission line upgrades.

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