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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 | 3 min read | 12.10.24

Fast Lane to the Future: FCC Greenlights Smarter, Safer Cars

The Federal Communications Commission (FCC) has recently issued a second report and order to modernize vehicle communication technology by transitioning to Cellular-Vehicle-to-Everything (C-V2X) systems within the 5.9 GHz spectrum band. This initiative is part of a broader effort to advance Intelligent Transportation Systems (ITS) in the U.S., enhancing road safety and traffic efficiency. While we previously reported on the frustrations with the long time it took to finalize rules concerning C-V2X technology, this almost-final version of the rule has stirred excitement in the industry as companies can start to accelerate development, now that they know the rules they must comply with. ...