16 May '11, 6pm

Not enough money in the loan guarantee program to back Cape Wind: #wind #policy #finance

The U.S. Department of Energy sent out letters last week to several dozen renewable energy developers, saying their applications were on hold due to a lack of funds available in the 1705 loan guarantee program created under the stimulus package. Here’s what that means. The program, which has provided billions of dollars in guarantees and helped companies raise almost $30 billion for projects, has been instrumental in helping grow large-scale, first-of-a-kind renewable energy projects around the country. But the program has faced some major political challenges. The most recent was a House Continuing Resolution proposal in April which cut the 1705 program entirely , making renewable energy companies and advocates nervous about the status of their projects in the queue. Under that same proposal, the 1703 loan guarantee program – which, due to differences in how a developer p...

Full article: http://climateprogress.org/2011/05/16/loan-guarantee-prog...

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Pickens drops wind from his energy plan, but industry remains

Pickens drops wind from his energy plan, but in...

climateprogress.org 18 May '11, 1pm

Pickens drops wind from his energy plan, but industry remains ‘healthy’ and ’sustainable’, says analyst May 18, 2011 After...

CPV Ascendant? Cogentrix Gets $90M Loan Guarantee for 30MW Project: Last week we brought you a rundown on the

CPV Ascendant? Cogentrix Gets $90M Loan Guarant...

greentechmedia.com 11 May '11, 1am

Last week we brought you a rundown on the increasingly active CPV market with news from SolFocus , Soitec, Solar Junction ...

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cleanedge.com 18 May '11, 1pm

U.S. Clean Energy Leadership Index is a must-have tool for clean-tech decision makers. The subscription service navigates ...