Taite McDonald is a Senior Policy advisor and Stephen
Bolotin is a Public Affairs Advisor in Holland &
Knight's
Washington D.C. office
The U.S. Department of Energy (DOE) supports the commercial
development of innovative clean energy technologies through its
Loan Programs Office (LPO). Authorized by the Energy Policy Act of
2005, the Title XVII Loan Program enables the DOE LPO to issue
loans ranging from several million to over a billion dollars for
advanced fossil, advanced nuclear, renewable energy, and energy
efficiency projects that employ "new or significantly improved
technology." Since late 2013, DOE has announced nearly $25
billion in new loan guarantee authority across three solicitations,
which remain open and actively seeking qualified applicants. While
numerous companies have applied, we have confirmed with senior LPO
officials that significant capital remains.
