$10B in Loan Gurarantees for Renewable Energy

The data center industry should be all over this one. The U.S. Department of Energy announced a solicitation for up to $10 billion in Federal loan guarantees for renewable energy and efficiency projects.

“Loan guarantees from the Department will enable project developers to bridge the financing gap between pilot and demonstration projects to full commercially viable projects that employ new or significantly improved energy technologies,” said Jeffrey Kupfer, the Acting Deputy Secretary of Energy.

Check out the complete article on the site that is becoming a regular stop for me - RenewableEnergyworld.com