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Initiatives will try to spur on clean energy

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By The Staff

On Monday, President Barack Obama announced more than $1 billion in Department of Energy initiatives to drive innovation and accelerate the clean energy economy.
As part of the President’s Clean Power Plan, DOE’s Loan Programs Office (LPO) is making up to $1 billion in loan guarantees available to support commercial-scale distributed energy projects, such as rooftop solar with storage and smart grid technology.
In addition, through the Advanced Research Projects Agency–Energy (ARPA-E), DOE is awarding $24 million in funding for 11 high-performance solar power projects that the government believes can serve lower the cost and improve the performance of solar photovoltaic (PV) power systems.
According to the DOE, “these initiatives will spur innovation, ensure grid reliability and help ensure America’s low-carbon energy future.”


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