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ARTICLE · 16 SEPTEMBER 2021

Innovation Is In Again: DOE Loan Programs Office Back At The Helm

Authorized in 2005 to lend nearly $70 billion to innovative clean energy projects, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) still has more than 60 percent of its lending authority remaining.

United StatesEnergy and Natural Resources

Highlights

  • Authorized in 2005 to lend nearly $70 billion to innovative clean energy projects, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) still has more than 60 percent of its lending authority remaining.
  • LPO funding programs have experienced legislative and administrative changes enabling more innovative clean technology companies to apply for funds.
  • While the LPO remains much more complex than government grant programs, interested companies should conduct a comprehensive evaluation to determine if a proposed project is eligible for funding.

U.S. Department of Energy (DOE) Loan Programs Office (LPO) is one of the nation's premier energy infrastructure programs. Authorized in 2005 to lend nearly $70 billion to innovative clean energy projects, the LPO still has more than 60 percent of its lending authority remaining. Congress could also unlock additional funding later this year as political will for clean technology investments has

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