The U.S. Department of Energy’s Loan Programs Office (LPO) invests in the power of American innovation.
LPO investments accelerate the deployment of innovative clean energy projects and advanced technology vehicle manufacturing facilities across the United States. Our team of technical, financial, environmental, and legal professionals is dedicated to advancing an all-of-the-above energy strategy that avoids, reduces, or sequesters greenhouse gases.
To date, LPO has supported a large, diverse portfolio of more than $30 billion in loans, loan guarantees, and commitments covering more than 30 projects across the United States. Together, these projects have generated more than $50 billion in total project investment, supported job creation, cut pollution, and enhanced American competitiveness in the global economy.
LPO has more than $40 billion in remaining loan and loan guarantee authority to finance innovative clean energy projects and advanced technology vehicles manufacturing. Applications are currently being accepted under two programs:
Title XVII Innovative Clean Energy Projects Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) Loan Program