This is great but we are far away and lots of the work needs to be done to satisfy the eligibility criteria:
DOE Loan Program: LPO’s Updated Title 17 Clean Energy Financing Program Guidance Connects Eligible Projects to New Financing Opportunities as Part of President Biden’s Investing in America Agenda | Department of Energy
Eligibility and Criteria: program-guidance-title-17-clean-energy-program
Title 17 Eligibility Requirements
To receive a Title 17 loan guarantee, all project applications (regardless of project category) must demonstrate satisfactory fulfillment of the following criteria:
1. Located in the United States. (Yes)
2. Be an energy-related project. (Yes)
3. Achieve significant and credible greenhouse gas (GHG) or air pollution avoidance, reduction, utilization, or sequestration. All Section 1703 projects (Yes)
4. Have a Reasonable Prospect of Repayment. (can be demonstrated)
5. Involve technically viable and commercially ready technology. (We are far away from this)
6. Include an analysis of how the proposed project will engage with and affect associated communities, as part of a Community Benefits Plan.
(can be demonstrated)
7. Does not benefit from prohibited federal support. (Yes)
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This is great but we are far away and lots of the work needs to...
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