Office of Loan Programs Office
Recent News About Office of Loan Programs Office
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LPO Announces Conditional Commitment for Loan to BlueOval SK to Further Expand U.S. EV Battery Manufacturing Capacity
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO)
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LPO Announces Conditional Commitment for Loan to KORE Power, Inc. to Increase Domestic Battery Manufacturing
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) today announced a conditional commitment for an $850 million loan to help finance the construction of KORE Power, Inc.’s advanced battery cell manufacturing facility in Buckeye, Arizona.
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May 2023 Monthly Application Activity Report
Each month, the LPO Monthly Application Activity report updates:
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LPO Tech Talk: Hydrogen
The Department of Energy (DOE) Loan Programs Office (LPO) is working to support U.S. clean hydrogen deployment to facilitate the energy transition in difficult-to-decarbonize sectors to achieve a net-zero economy.
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Title 17 Applicant Fees and Costs
The Energy Act of 2020, passed as part of the Consolidated Appropriations Act, 2021, included language regarding certain administrative fees for Title 17 loan guarantee applicants.
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LPO’s Updated Title 17 Clean Energy Financing Program Guidance Connects Eligible Projects to New Financing Opportunities as Part of President Biden’s Investing in America Agenda
Today, the Department of Energy (DOE) Loan Programs Office (LPO) released updated Program Guidance for the Title 17 Clean Energy Financing Program, which can provide a total principal amount of more than approximately $300 billion in loan guarantees for clean energy, facility decarbonization, and energy infrastructure reinvestment projects.
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April 2023 Monthly Application Activity Report
Hi-res graphics for download: MAAR Metrics-Tech Sector Breakdown and MAAR Proposed Project Locations
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LPO Announces Conditional Commitment for Loan to CelLink Corporation's U.S. Manufacturing Facility for Flexible Circuit Wiring Harnesses
Today, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to CelLink Corporation (CelLink) for a $362 million loan to help finance the construction of a domestic manufacturing facility to develop lighter and more efficient flexible circuit wiring harnesses for automotive and other industries. Wiring harnesses, key components of cars, are sets of wires and related equipment that relay information and carry electricity throughout vehicles.
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Sector Spotlight: Advanced Nuclear
In this post, I will explore how the DOE Loan Programs Office (LPO) is supporting U.S. advanced nuclear energy projects.
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LPO Offers First Conditional Commitment for a Virtual Power Plant to Sunnova’s Project Hestia, Including Loans for Puerto Rican Homeowners for Solar Installations
On Thursday, April 20, 2023 the U.S. Department of Energy (DOE) Loan Programs Office (LPO) announced a conditional commitment to Sunnova Energy Corporation’s Project Hestia for an up to $3 billion partial loan guarantee to make distributed energy resources (DERs), including rooftop solar, battery storage, and virtual power plant (VPP)-ready software available to more American homeowners.
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DOE Releases Fourth Pathways to Commercial Liftoff Report in Carbon Management
Today, the Department of Energy released its fourth Pathways to Commercial Liftoff report, focused on carbon management, on the heels of last month’s launch of the Liftoff effort and the release of its first three reports focused on clean hydrogen, advanced nuclear, and long duration energy storage.
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FY 2022 Annual Portfolio Status Report: Returning to a Growing Portfolio
The Bipartisan Infrastructure Law and Inflation Reduction Act greatly increased LPO’s capacity to promote critical investments in energy technology, transportation, and critical infrastructure in the United States;
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LPO Offers First Conditional Commitment for a Virtual Power Plant to Sunnova’s Project Hestia to Support Grid Reliability and Expand Clean Energy Access
The U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced a conditional commitment to Sunnova Energy Corporation’s Project Hestia for an up to $3 billion partial loan guarantee to make distributed energy resources (DERs), including rooftop solar, battery storage, and virtual power plant (VPP)-ready software available to more American homeowners.
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LPO Offers First Conditional Commitment for a Virtual Power Plant to Sunnova’s Project Hestia to Support Grid Reliability and Expand Clean Energy Access
The U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced a conditional commitment to Sunnova Energy Corporation’s Project Hestia for an up to $3 billion partial loan guarantee to make distributed energy resources (DERs), including rooftop solar, battery storage, and virtual power plant (VPP)-ready software available to more American homeowners.
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Sector Spotlight: Clean Hydrogen
In this post, I’m diving into how the DOE Loan Programs Office (LPO) is supporting U.S. clean hydrogen projects.
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March 2023 Monthly Application Activity Report
Hi-res graphics for download: MAAR Metrics-Tech Sector Breakdown and MAAR Proposed Project Locations
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Getting to Know LPO: Adding Value to Your Project—The Unique Benefits of Working with LPO
My name is Jigar Shah, and I'm the director of the Loan Programs Office (LPO) here at the Department of Energy.
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Getting to Know LPO: LPO and the National Environmental Policy Act (NEPA), Ensuring Informed Environmental Decisions for Communities
The DOE Loan Programs Office (LPO) wants to ensure that the projects it helps to finance are subject to a comprehensive environmental review and address community issues, so that all parties can work to create a stronger more resilient community in the energy transition.
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DOE Releases New Reports on Pathways to Commercial Liftoff to Accelerate Clean Energy Technologies
DOE Releases New Reports on Pathways to Commercial Liftoff to Accelerate Clean Energy Technologies