NewEnergyNews: DOE LOAN PROGRAM TURNS A PROFIT

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • TTTA Thursday-Is The White House Hiding DOE’s Grid Study?
  • TTTA Thursday-Will The White House Hide The Climate Report?
  • TTTA Thursday-Crucial Transmission Line For Wind Denied
  • TTTA Thursday-Wind And Solar Are Saving Lives
  • THE DAY BEFORE

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • AND THE DAY BEFORE THAT

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-Five Countries Leading The Climate Fight
  • FRIDAY WORLD HEADLINE-Global Wind Spend To Soar
  • FRIDAY WORLD HEADLINE-Pakistan’s Global View On Solar
  • FRIDAY WORLD HEADLINE-Denmark Trial Proves EVs Can Support The Grid
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Research Associate and Contributing Editor Jessica R. Wunder

    --------------------------

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • FRIDAY WORLD, August 18:

  • Is ‘Game Of Thrones’ About Climate Change?
  • Surprises In The New Global Solar Rankings
  • Denmark’s Vestas Wins Mexico’s Biggest Wind Deal
  • Supervolcanoes Could Grow Cars With Plugs

    Thursday, November 13, 2014

    DOE LOAN PROGRAM TURNS A PROFIT

    Exclusive: Controversial U.S. energy loan program has wiped out losses

    Nichola Groom w/Ronald Grover and Ken Wills, November 12, 2014 (Reuters via Yahoo News)

    “The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black…[According to] the Department of Energy, interest payments to the government from projects funded by the Loan Programs Office were $810 million as of September - higher than the $780 million in losses from loans it sustained from startups including Fisker Automotive, Abound Solar and Solyndra…[T]he federal loans program is a success for taxpayers, judging by the numbers in the new report… The losses are not expected to rise significantly, while [money continues to accrue monthly] from interest payments… because most of the projects that received government loans are large power plants that are now feeding electricity into the grid…Since DOE approved loans for the five utility-scale photovoltaic projects, 17 more have been funded by private investors who would not have taken on that risk five years ago…The DOE's loan program was created in 2005 under the Bush Administration, but its program for renewable energy projects was funded in 2009 as part of the Obama Administration's economic stimulus...” click here for more

    0 Comments:

    Post a Comment

    << Home