On July 3, 2014, the Department of Energy’s Loan Program Office (“DOE”) announced the Final Renewable Energy and Energy Efficiency Projects Solicitation (“Solicitation”) for its up to $4 billion loan guarantee program under Section 1703 of Title XVII of the Energy Policy Act of 2005. The program provides long-term financing for innovative broadly-defined clean energy projects that reduce greenhouse gas (“GHG”) emissions and are located in the United States. The Solicitation finalized the Draft Solicitation that had been published on April 16, 2014 (“Draft Solicitation”) and following DOE’s review of numerous comments from the industry and interested participants (“Comments”).

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