On the last working day before Trump’s inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
Days before Donald Trump’s presidential inauguration, the US Department of Energy’s (DOE) Loan Programs Office (LPO) has announced US$22.92 billion in loans across eight projects.
The US Department of Energy (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to utility Arizona Public Service (APS), the first part of which would go towards a 600MWh BESS.
Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.
Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.
Li-Cycle has finalised a loan of nearly half a million dollars to with the DOE’s Loan Programs Office (LPO) scale up its battery recycling facilities in the US, with the near-term direction of the LPO under a Trump administration likely to change.
The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.