Wed, Jun 14

Loan Programs Office May 2023 Monthly Application Activity Report

As spring turns to summer, applicant interest in LPO financing for projects across clean energy and advanced transportation sectors continues to shine! Last month saw another increase in activity, with 150 active applications now representing a total of $127.7 billion in requested financing for 186 proposed project locations across 46 states and U.S. territories. See the full report at: https://lnkd.in/g3zX8eSQ

The LPO technology sectors of Advanced Vehicles & Components, Advanced Nuclear, Biofuels, and Carbon Management continue to lead the way in requested financing, representing approximately 53% of all project financing currently being sought from DOE through LPO programs. Read more about the 13 LPO tech sectors used for the monthly application activity report and examples of what types of technology areas of interest are included within each at: Energy.gov/LPO/MAAR