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.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.