Loan Programs Office
Our Projects
Current Totals
Loans: $34.5B
Jobs: ~60,000
Department of Energy
|
1703 |
| AREVA |
Front-end Nuclear |
Front-end Nuclear |
Idaho Falls, ID |
|
$2 billion
Loan Amount
|
310/1,000
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
N/A Annual Avoided CO2(tons)
|
N/A Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1703 |
| Georgia Power Company |
Nuclear Generation |
Nuclear Generation |
Waynesboro, GA |
|
$8.33 billion
Loan Amount
|
800/3,500
Jobs (Permanent / Construction)
|
2,204
Generation Capacity
|
|
17,956,000 MWh/Gallons
|
10,317,000 Annual Avoided CO2(tons)
|
1,984,000 Annual Cars off the Road*
|
|
|
1,564,000 Annual Households Equivalent
|
|
|
1705 |
| 1366 Technologies, Inc. |
Solar Manufacturing |
Solar Manufacturing |
Lexington, MA |
|
$150 million
Loan Amount
|
70/50
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
647,000 MWh/Gallons
|
372,000 Annual Avoided CO2(tons)
|
71,000 Annual Cars off the Road*
|
|
|
56,000 Annual Households Equivalent
|
|
|
1705 |
| Abengoa Bioenergy Biomass of Kansas LLC |
Biofuel |
Biofuel |
Hugoton, KS |
|
$132.4 million
Loan Amount
|
65/300
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
139,000 Annual Avoided CO2(tons)
|
27,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1705 |
| Abengoa Solar, Inc. (Mojave Solar) |
Solar Generation |
Solar Generation |
San Bernardino County, CA |
|
$1.2 billion
Loan Amount
|
70/830
Jobs (Permanent / Construction)
|
250
Generation Capacity
|
|
617,000 MWh/Gallons
|
355,000 Annual Avoided CO2(tons)
|
68,000 Annual Cars off the Road*
|
|
|
54,000 Annual Households Equivalent
|
|
|
1705 |
| Abengoa Solar, Inc. (Solana) |
Solar Generation |
Solar Generation |
Gila Bend, AZ |
|
$1.446 billion
Loan Amount
|
60/1,700
Jobs (Permanent / Construction)
|
250
Generation Capacity
|
|
944,000 MWh/Gallons
|
544,000 Annual Avoided CO2(tons)
|
105,000 Annual Cars off the Road*
|
|
|
82,000 Annual Households Equivalent
|
|
|
1705 |
| Abound Solar |
Solar Manufacturing |
Solar Manufacturing |
Longmont, CO and Tipton, IN |
|
$400 million
Loan Amount
|
N/A/400
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
1,906,000 MWh/Gallons
|
1,095,000 Annual Avoided CO2(tons)
|
210,000 Annual Cars off the Road*
|
|
|
166,000 Annual Households Equivalent
|
|
|
1705 |
| Abound Solar |
Solar Manufacturing |
Solar Manufacturing |
Tipton, IN |
|
$400 million
Loan Amount
|
N/A/400
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
1,906,000 MWh/Gallons
|
1,095,000 Annual Avoided CO2(tons)
|
210,000 Annual Cars off the Road*
|
|
|
166,000 Annual Households Equivalent
|
|
|
1705 |
| Beacon Power Corporation |
Energy Storage |
Energy Storage |
Stephentown, NY |
|
$43 million
Loan Amount
|
14/20
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
N/A Annual Avoided CO2(tons)
|
N/A Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Caithness Shepherds Flat |
Wind Generation |
Wind Generation |
Gilliam and Morrow Counties, OR |
|
partial guarantee of $1.3 billion
Loan Amount
|
35/400
Jobs (Permanent / Construction)
|
845
Generation Capacity
|
|
1,797,000 MWh/Gallons
|
1,032,000 Annual Avoided CO2(tons)
|
199,000 Annual Cars off the Road*
|
|
|
157,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Caithness Shepherds Flat |
Wind Generation |
Wind Generation |
Stamford, CT |
|
partial guarantee of $1.3 billion
Loan Amount
|
35/400
Jobs (Permanent / Construction)
|
845
Generation Capacity
|
|
1,797,000 MWh/Gallons
|
1,032,000 Annual Avoided CO2(tons)
|
199,000 Annual Cars off the Road*
|
|
|
157,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Caithness Shepherds Flat |
Wind Generation |
Wind Generation |
North OR |
|
partial guarantee of $1.3 billion
Loan Amount
|
35/400
Jobs (Permanent / Construction)
|
845
Generation Capacity
|
|
1,797,000 MWh/Gallons
|
1,032,000 Annual Avoided CO2(tons)
|
199,000 Annual Cars off the Road*
|
|
|
157,000 Annual Households Equivalent
|
|
|
1705 |
| Cogentrix of Alamosa, LLC. |
Solar Generation |
Solar Generation |
Alamosa, CO |
|
$90.6 million
Loan Amount
|
10/75
Jobs (Permanent / Construction)
|
30
Generation Capacity
|
|
75,000 MWh/Gallons
|
43,000 Annual Avoided CO2(tons)
|
8,000 Annual Cars off the Road*
|
|
|
7,000 Annual Households Equivalent
|
|
|
1705 |
| Exelon (Antelope Valley Solar Ranch) |
Solar Generation |
Solar Generation |
Lancanster, CA |
|
$646 million
Loan Amount
|
20/350
Jobs (Permanent / Construction)
|
230
Generation Capacity
|
|
623,000 MWh/Gallons
|
358,000 Annual Avoided CO2(tons)
|
69,000 Annual Cars off the Road*
|
|
|
54,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Granite Reliable |
Wind Generation |
Wind Generation |
Coos, NH |
|
partial guarantee of $168.9 million
Loan Amount
|
6/198
Jobs (Permanent / Construction)
|
99
Generation Capacity
|
|
224,000 MWh/Gallons
|
124,000 Annual Avoided CO2(tons)
|
23,000 Annual Cars off the Road*
|
|
|
19,000 Annual Households Equivalent
|
|
|
1705 |
| Kahuku Wind Power, LLC. |
Wind Generation |
Wind Generation |
Kahuku Oahu, HI |
|
$117 million
Loan Amount
|
10/200
Jobs (Permanent / Construction)
|
30
Generation Capacity
|
|
71,000 MWh/Gallons
|
41,000 Annual Avoided CO2(tons)
|
8,000 Annual Cars off the Road*
|
|
|
6,000 Annual Households Equivalent
|
|
|
1705 |
| Kahuku Wind Power, LLC. |
Wind Generation |
Wind Generation |
Oahu, HI |
|
$117 million
Loan Amount
|
10/200
Jobs (Permanent / Construction)
|
30
Generation Capacity
|
|
71,000 MWh/Gallons
|
41,000 Annual Avoided CO2(tons)
|
8,000 Annual Cars off the Road*
|
|
|
6,000 Annual Households Equivalent
|
|
|
1705 |
| LS Power Associates (ON Line – formerly known as SWIP-S) |
Transmission |
Transmission |
Ely to Las Vegas, NV |
|
$343 million
Loan Amount
|
15/400
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
N/A Annual Avoided CO2(tons)
|
N/A Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1705 |
| LS Power Associates (ON Line – formerly known as SWIP-S) |
Transmission |
Transmission |
Chesterfield, MO |
|
$343 million
Loan Amount
|
15/400
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
N/A Annual Avoided CO2(tons)
|
N/A Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1705 |
| LS Power Associates (ON Line – formerly known as SWIP-S) |
Transmission |
Transmission |
Eastern Nevada, NV |
|
$343 million
Loan Amount
|
15/400
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
N/A Annual Avoided CO2(tons)
|
N/A Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
1705 |
| Mesquite Solar 1, LLC (Sempra Mesquite) |
Solar Generation |
Solar Generation |
Maricopa County, AZ |
|
$337 million
Loan Amount
|
7/300
Jobs (Permanent / Construction)
|
170
Generation Capacity
|
|
350,000 MWh/Gallons
|
201,000 Annual Avoided CO2(tons)
|
39,000 Annual Cars off the Road*
|
|
|
30,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Nevada Geothermal Power Company, Inc. (Blue Mountain) |
Geothermal |
Geothermal |
Reno, NV |
|
partial guarantee of $98.5 million
Loan Amount
|
14/200
Jobs (Permanent / Construction)
|
36
Generation Capacity
|
|
305,000 MWh/Gallons
|
175,000 Annual Avoided CO2(tons)
|
34,000 Annual Cars off the Road*
|
|
|
27,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| NextEra Energy Resources, LLC (Desert Sunlight) |
Solar Generation |
Solar Generation |
Riverside County, CA |
|
partial guarantee of $1.46 billion
Loan Amount
|
15/550
Jobs (Permanent / Construction)
|
550
Generation Capacity
|
|
1,280,000 MWh/Gallons
|
735,000 Annual Avoided CO2(tons)
|
141,000 Annual Cars off the Road*
|
|
|
111,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| NextEra Energy Resources, LLC (Genesis Solar) |
Solar Generation |
Solar Generation |
Riverside County, CA |
|
partial guarantee of $852 million
Loan Amount
|
47/800
Jobs (Permanent / Construction)
|
250
Generation Capacity
|
|
560,000 MWh/Gallons
|
322,000 Annual Avoided CO2(tons)
|
62,000 Annual Cars off the Road*
|
|
|
49,000 Annual Households Equivalent
|
|
|
1705 |
| NRG Energy, Inc. (BrightSource) |
Solar Generation |
Solar Generation |
Mojave, CA |
|
$1.6 billion
Loan Amount
|
86/1,000
Jobs (Permanent / Construction)
|
383
Generation Capacity
|
|
998,000 MWh/Gallons
|
574,000 Annual Avoided CO2(tons)
|
110,000 Annual Cars off the Road*
|
|
|
87,000 Annual Households Equivalent
|
|
|
1705 |
| NRG Solar (California Valley Solar Ranch) |
Solar Generation |
Solar Generation |
San Luis Obispo, CA |
|
$1.237 billion
Loan Amount
|
15/350
Jobs (Permanent / Construction)
|
250
Generation Capacity
|
|
739,000 MWh/Gallons
|
425,043 Annual Avoided CO2(tons)
|
74,153 Annual Cars off the Road*
|
|
|
59,000 Annual Households Equivalent
|
|
|
1705 |
| NRG Solar, LLC (Agua Caliente) |
Solar Generation |
Solar Generation |
Yuma County, AZ |
|
$967 million
Loan Amount
|
10/400
Jobs (Permanent / Construction)
|
290
Generation Capacity
|
|
648,000 MWh/Gallons
|
372,000 Annual Avoided CO2(tons)
|
72,000 Annual Cars off the Road*
|
|
|
56,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Ormat Nevada, Inc. |
Geothermal |
Geothermal |
Jersey Valley, McGinness Hills, and Tuscarora, NV |
|
partial guarantee of $350 million
Loan Amount
|
64/332
Jobs (Permanent / Construction)
|
121
Generation Capacity
|
|
1,007,000 MWh/Gallons
|
579,000 Annual Avoided CO2(tons)
|
111,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
28 States |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
New York |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
New Jersey |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Pennsylvania |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Virginia |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
North Carolina |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
South Carolina |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Georgia |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
28 States |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Tennessee |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Kentucky |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Ohio |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Illinois |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Wisconsin |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Mississippi |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Louisiana |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Oregon |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
28 States |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Minnesota |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Texas |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Utah |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Arizona |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Nevada |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
California |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 (FIPP) |
| Prologis (Project Amp) |
Solar Generation |
Solar Generation |
Washington |
|
partial guarantee of $1.4 billion
Loan Amount
|
42/Over 1,000
Jobs (Permanent / Construction)
|
752
Generation Capacity
|
|
1,015,000 MWh/Gallons
|
583,000 Annual Avoided CO2(tons)
|
112,000 Annual Cars off the Road*
|
|
|
88,000 Annual Households Equivalent
|
|
|
1705 |
| Record Hill Wind |
Wind Generation |
Wind Generation |
Roxbury, ME |
|
$102 million
Loan Amount
|
8/200
Jobs (Permanent / Construction)
|
50
Generation Capacity
|
|
96,000 MWh/Gallons
|
55,000 Annual Avoided CO2(tons)
|
11,000 Annual Cars off the Road*
|
|
|
8,000 Annual Households Equivalent
|
|
|
1705 |
| SolarReserve, LLC (Crescent Dunes) |
Solar Generation |
Solar Generation |
Nye County, NV |
|
$737 million
Loan Amount
|
45/600
Jobs (Permanent / Construction)
|
110
Generation Capacity
|
|
504,000 MWh/Gallons
|
289,000 Annual Avoided CO2(tons)
|
56,000 Annual Cars off the Road*
|
|
|
44,000 Annual Households Equivalent
|
|
|
1705 |
| SoloPower |
Solar Manufacturing |
Solar Manufacturing |
Portland, OR |
|
$197 million
Loan Amount
|
450/270
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
794,000 MWh/Gallons
|
456,000 Annual Avoided CO2(tons)
|
88,000 Annual Cars off the Road*
|
|
|
69,000 Annual Households Equivalent
|
|
|
1705 |
| Solyndra Inc. |
Solar Manufacturing |
Solar Manufacturing |
Fremont, CA |
|
$535 million
Loan Amount
|
N/A/3,000
Jobs (Permanent / Construction)
|
N/A
Generation Capacity
|
|
681,000 MWh/Gallons
|
391,000 Annual Avoided CO2(tons)
|
75,000 Annual Cars off the Road*
|
|
|
59,000 Annual Households Equivalent
|
|
|
1705 |
| US Geothermal, Inc. |
Geothermal |
Geothermal |
Malheur Cty, OR |
|
$97 million
Loan Amount
|
10/150
Jobs (Permanent / Construction)
|
23
Generation Capacity
|
|
180,000 MWh/Gallons
|
103,000 Annual Avoided CO2(tons)
|
20,000 Annual Cars off the Road*
|
|
|
16,000 Annual Households Equivalent
|
|
|
ATVM |
| Fisker Automotive |
OEM |
OEM |
Wilmington, DE |
|
$529 million
Loan Amount
|
2,000
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
154,000 Annual Avoided CO2(tons)
|
30,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Fisker Automotive |
OEM |
OEM |
Irvine, CA |
|
$529 million
Loan Amount
|
2,000
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
154,000 Annual Avoided CO2(tons)
|
30,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Ford Motor Company |
Motor Vehicle Manufacturing |
Motor Vehicle Manufacturing |
Michigan |
|
$5.907 billion
Loan Amount
|
33,000
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
2,018,000 Annual Avoided CO2(tons)
|
388,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Ford Motor Company |
Motor Vehicle Manufacturing |
Motor Vehicle Manufacturing |
Illinois |
|
$5.907 billion
Loan Amount
|
3,000
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
2,018,000 Annual Avoided CO2(tons)
|
388,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Ford Motor Company |
Motor Vehicle Manufacturing |
Motor Vehicle Manufacturing |
Kentucky |
|
$5.907 billion
Loan Amount
|
3,500
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
2,018,000 Annual Avoided CO2(tons)
|
388,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Ford Motor Company |
Motor Vehicle Manufacturing |
Motor Vehicle Manufacturing |
Missouri |
|
$5.907 billion
Loan Amount
|
4,000
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
2,018,000 Annual Avoided CO2(tons)
|
388,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Nissan North America, Inc. |
OEM |
OEM |
Smyrna, TN |
|
$1.448 billion
Loan Amount
|
1,300
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
204,000 Annual Avoided CO2(tons)
|
39,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| Tesla Motors |
OEM |
OEM |
Fremont, CA |
|
$465 million
Loan Amount
|
1,500
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
26,000 Annual Avoided CO2(tons)
|
5,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| The Vehicle Production Group LLC |
OEM |
OEM |
Mishawaka, IN |
|
$50 million
Loan Amount
|
900
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
9,000 Annual Avoided CO2(tons)
|
2,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
|
ATVM |
| The Vehicle Production Group LLC |
OEM |
OEM |
Mishawaka, IN |
|
$50 million
Loan Amount
|
900
Jobs (Permanent)
|
N/A
Generation Capacity
|
|
N/A MWh/Gallons
|
9,000 Annual Avoided CO2(tons)
|
2,000 Annual Cars off the Road*
|
|
|
N/A Annual Households Equivalent
|
|
About the Data
Annual MWh/Gallon:
Annual generation of electricity in megawatt-hours (MWh) or gallons of biofuel (project type dependent).
20-year avoided GHG:
Tons of greenhouse gases that might have otherwise been emitted from other energy sources over a 20-year period if not for implementation of the project.
Annual avoided CO2:
Annual tons of carbon dioxide that might have otherwise been emitted from other energy sources if not for implementation of the project.
Annual avoided SO2:
Annual tons of sulfur dioxide that might have otherwise been emitted from other energy sources if not for implementation of the project.
Annual avoided NOx:
Annual tons of nitrogen oxides that might have otherwise been emitted from other energy sources if not for implementation of the project.
Annual “cars off the road”:
The number of passenger vehicles with equivalent annual tons of greenhouse gases emissions that might have otherwise occurred from other energy sources if not for implementation of the project (as based on EPA MOBILE6.2 Average passenger vehicle = 5.20 metric tons CO2e).
Household equivalents:
The number of residential households with equivalent annual tons of carbon dioxide emissions that might have otherwise occurred from other energy sources if not for implementation of the project (as based on EIA figure 14,796 lbs CO2 emissions per year for an average household).
About the Section 1705 Loan Program
The Section 1705 Loan Program authorizes loan guarantees for U.S.-based projects that commenced construction no later than September 30, 2011 and involve certain renewable energy systems, electric power transmission systems, and leading edge biofuels. To become more familiar with the program, please review Title XVII and the Final Rule and read each solicitation carefully for specific requirements that were required to be met..
Section 1705 Eligibility
In order to be eligible for a section 1705 loan, the applicant must be a renewable energy systems project, an electric power transmission systems project, or a leading edge biofuels project. The applicant must also:
- Be located in the U.S.;
- Have begun construction on or before September 30, 2011;
- Meet Davis Bacon requirements; and
- Meet all applicable requirements of the Recovery Act.
Section 1705 Application Information
The Section 1705 Loan Program expired on September 30, 2011. LPO will continue to monitor projects that have already received loan guarantees under the 1705 program, but no new loan guarantees will be issued.
Section 1705 Credit Subsidy Cost
Title XVII specifies that the Department of Energy must receive either an appropriation for the Credit Subsidy Cost (CSC) – the expected long-term liability to the Federal Government in issuing the loan guarantee – or payment of that cost by the borrower. The Department appropriated funds to pay the Credit Subsidy Cost of Section 1705 projects. In some cases, 1703 eligible projects may also be eligible under 1705, thereby qualifying them for appropriated CSC.
Financial Institution Partnership Program
The Financial Institution Partnership Program (FIPP) is a robust, risk-sharing partnership between the Energy Department and qualified finance organizations for loan guarantees issued under Section 1705. To learn about FIPP, please view the solicitation here.
Sample 1705 Projects
Here are two sample 1705 projects:
- Abengoa Bioenergy Biomass of Kansas LLC is using a $132.4 million loan guarantee to support the development of one of the country's first commercial-scale cellulosic ethanol plants. The project, located in Hugoton, Kansas, will create approximately 300 construction jobs and 65 permanent jobs.
- Caithness Shepherds Flat is using a $1.3 billion loan to finance the Caithness Shepherds Flat wind project. One of the world's largest wind farms to date, Caithness Shepherds Flat is an 845 megawatt wind-powered electrical generating facility located in eastern Oregon that will create 400 construction jobs.