DOE Official Touts Loans To Fund More ‘Ambitious’ Low-Carbon Projects

The head of the Energy Department’s (DOE) loan office to help commercialize low-carbon energy projects says the program’s capital available to fund promising technologies that can curb climate-warming emissions is outpacing the number of projects that are ready to receive government support. The “biggest challenge is most people aren’t ready for our money,” said Jigar Shah, the director of DOE’s Loan Programs Office (LPO), during a May 5 event hosted by Axios . Though he stressed that LPO offers free...