Feds bring back loan guarantees for renewable energy

Published July 3, 2014 4:26pm ET



The federal loan guarantee program for renewable energy projects is officially back in business.

Energy Secretary Ernest Moniz announced Thursday that the Energy Department is taking applications for up to $4 billion of federal loan guarantees for renewable and energy-efficiency projects. It’s a restart of the federal program that garnered heavy Republican criticism for backing a handful of failed ventures, most notably the $535 million loan guarantee awarded to now-bankrupt solar panel-maker Solyndra.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.