President Obama Announces Increased Support for Distributed Energy Projects and Eligibility of State Green Banks to Apply for DOE Loan Guarantees

President Obama recently announced that the Department of Energy (DOE) Loan Program Office (LPO) is expanding support for innovative “distributed energy projects” by adding $1 billion in available loan guarantees to support the deployment of these projects through the existing solicitations for Renewable Energy and Efficient Energy Projects and Advanced Fossil Energy Projects.