Energy’s loan guarantee program

The Energy Department’s loan guarantee program supports “green” technology. Since 2009, the department has finalized commitments for 26 loans worth a total of about $18.5 billion; 14 projects worth about $17.9 billion do not yet have finalized commitments. Two companies, First Solar and Solar City, said that time ran out before they could finalize agreements. Read related article.

Source: Energy Department. The Washington Post. Published on September 26, 2011, 8:18 p.m.

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Energy’s loan guarantee program