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ARTICLE · 04 JUNE 2014

Eligibility Under DOE’s Draft Renewable Energy And Energy Efficiency Projects Solicitation

The U.S. Department of Energy’s Loan Programs Office announced a draft Renewable Energy and Energy Efficiency Projects Solicitation.

United StatesEnergy and Natural Resources

On April 16, 2014, the U.S. Department of Energy's Loan Programs Office (DOE) announced a draft Renewable Energy and Energy Efficiency Projects Solicitation under Section 1703 of Title XVII of the Energy Policy Act of 2005. This draft solicitation would make as much as $4 billion1 in loan guarantees available to support innovative, precommercial renewable-energy and energy-efficiency projects located in the United States that avoid, reduce or sequester greenhouse gases.

Importantly, DOE expects to "look favorably on" an eligible project that will have a "catalytic" effect on the ability of other market participants to replicate or improve upon the particularly innovative feature of that project. DOE has articulated certain project types that have been predetermined to meet DOE's goal of having a catalytic effect on future commercial deployment, including:

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