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US energy department to fund storage projects

Fri, 04/25/2014 - 09:24 -- Tildy Bayar
US energy department to fund storage projects

The US Department of Energy (DOE) has issued a draft Renewable Energy and Efficient Energy Projects Solicitation which is expected to make as much as $4 billion in loan guarantees available for US renewable energy and energy efficiency projects. 

The solicitation is designed to help commercialize technologies that may be unable to obtain full commercial financing, the DOE said. It aims to support technologies that reduce, avoid or sequester greenhouse gases.

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