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Administration Boosts Clean Energy with $4 Billion Loan Guarantee Program

Client Alert | 1 min read | 07.07.14

On July 3, the Department of Energy announced the issuance of Solicitation No. DE-SOL-0007154, "Loan Guarantee Solicitation for Applications for Renewable Energy Projects and Efficient Energy Projects," under which DOE will make up to $4 billion in loan guarantees available to entities developing renewable energy and energy efficiency projects and technologies in the U.S., the latest effort by the Obama Administration to stimulate investment in advanced energy technologies that reduce or avoid anthropogenic greenhouse gas emissions (discussed previously here and here). The new DOE offering is focused on providing loan guarantees to qualifying projects in "five key technology areas," including smart grid systems, clean power production with energy storage, biorefineries, advanced waste-to-energy conversion, and end-use efficiency improvements, among others, and joins two other DOE programs now accepting applications, the $8 billion Advanced Fossil Energy Projects solicitation and the $16 billion Advanced Technology Vehicle Manufacturing loan program.


Insights

Client Alert | 4 min read | 03.25.26

NAIC Intensifies AI Regulatory Focus: What Health Insurance Payors Need to Know

The National Association of Insurance Commissioners (NAIC) is intensifying its oversight of how insurers use AI — and the pace of regulatory activity shows no signs of slowing. Over the past several months, the NAIC has published a formal Issue Brief staking out its position on federal AI legislation, launched a multistate AI Evaluation Tool pilot aimed at examining insurers’ AI governance programs, and continued to expand adoption of its AI Model Bulletin across state lines. These developments continue a trend towards enhancing regulation; the NAIC adopted AI Principles in 2020 and a Model Bulletin in 2023 clarifying that existing insurance laws apply to AI systems and establishing expectations for governance, documentation, testing, and third-party oversight. That Model Bulletin has now been adopted in approximately 24 states....