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DOE To Partner With Private Sector To Spur Renewables

Publication Date: 14-OCT-09
Format: HTML

    
Description:
The renewable-energy sector got a boost on Oct. 7 when the Dept. of Energy announced it will expand its loan guarantee program to commercial renewable-energy projects under the Energy Policy Act of 2005. DOE also unveiled a new Financial Institution Partnership program (FIPP) to expedite the agency’s loan-guarantee underwriting process and leverage private-sector expertise in funding eligible projects.
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