154. $8 Billion in Funding for Clean Vehicle Innovation
Big ideas need proper funding. The U.S. Department of Energy’s Loan Programs Office (LPO) is helping companies with clean energy innovations get to the next stage of commercialization.
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By providing access to debt capital and custom financing, the LPO finances first-of-a-kind projects and other high-impact energy-related ventures. Since 2009, the LPO has issued more than $35 billion of loans and loan guarantees for more 30 energy infrastructure projects in the United States.
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Under the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), the LPO provides loans to support the…
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