Saturday, August 14, 2010

Department of Energy Paves Way for Additional Clean Energy Projects and Jobs through Manufacturing Solicitation

EERE News - Energy Secretary Steven Chu announced today a new loan guarantee solicitation for renewable energy manufacturing projects. The Commercial Technology Manufacturing Systems and Components solicitation is supported by the American Recovery and Reinvestment Act through Section 1705 of the Loan Guarantee Program. The solicitation will support the deployment of renewable energy technologies that reduce greenhouse gas emissions and help increase employment in the nation's green manufacturing sector, which is part of the Administration's long-term plan to create new green energy jobs.

The solicitation will seek applications for projects that manufacture commercial technology renewable energy systems, such as an energy storage systems, and components, such as wind turbine systems, blades or solar photovoltaic components.

As with earlier solicitations, the manufacturing solicitation will consist of a two-step process with rolling deadlines. The first Part I deadline is August 31, 2010, and the first Part II deadline is October 31, 2010. Final part I applications are due November 30, 2010 and final part II applications are due January 31, 2011. Applicants are strongly encouraged to get their applications in early since projects must meet all statutory and regulatory requirements and commence construction no later than September 30, 2011. The Department will make available up to $750 million to pay the credit subsidy costs of loan guarantees issued through this solicitation...For more information on this program, please visit the Loan Guarantee Program Web site.

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