To utilize the full authority of the Energy Department's Loan Programs Office to achieve the Biden Administration's climate-change goals, strong leadership from its new executive director is critical.
Energy Department's Loans Programs Office. He notes that utility-scale solar has become a big part of the current energy supply and will continue playing an important role in the energy strategy. He cites the partnership of the department with Sacramento Municipal Utility District (SMUD) in ...
DOE touted the project as part of the Biden administration’s Justice40 pledge, which commits federal agencies to direct 40% of investment from certain programs toward disadvantaged communities overburdened by pollution. Jigar Shah, who leads the Loan Programs Office, said the project fits the c...
With two-thirds of its workforce covered by collective bargaining agreements with unions, PG&E anticipates that these investments will support several construction and operations jobs upon full deployment. In a separate development in early January 2025, the US DOE’s Loan Programs Office (LPO)conditi...
ENTEK has received a direct loan of up to $1.2 billion from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for its new lithium-ion battery-separator plant in Terre Haute, Indiana. The company says its the the only U.S.-owned and U.S.-based producer of “wet-...
In March, Jigar left his position at Generate Capital (and this podcast) to head into government service and run the loan programs office. Jigar has $40 billion in authority to back a wide range of climate technologies --and he’s been workingon the first round of investments...
The DOE loan, finalized under the Loan Programs Office (LPO), represents the first Title 17 battery loan closed under the current administration. The funds will support Eos in scaling its operations to achieve eight GWh of production capacity by 2027 and in meet...
Ioneer announced the closing of a $996-million loan from the US Department of Energy (DOE) Loan Programs Office (LPO) under the Advanced Technology Vehicles Manufacturing (ATVM) program to support the development of an on-site processing facility at the
Department of Energy (DOE) to support the expansion of its clean hydrogen and carbon black production facilities in Nebraska. This first loan from the DOE Loan Programs Office in five years validates Monolith's pyrolysis technology for the commercial market.The DOE loan is exciting...
If finalized, the Rhyolite Ridge project could potentially support production of lithium for about 370,000 electric vehicles each year, according to Jigar Shah, the director of the DOE loans programs office. It’s also projected to create up to 600 construction jobs and approximately 250-300 oper...