Department of Energy Announces $15 Billion Loan for New Renewable Energy Projects in California
December 17, 2024
December 17, 2024
WASHINGTON, Dec. 17 [Category: Environment] -- The Sierra Club issued the following news release:
CALIFORNIA The Department of Energy (DOE) announced today a conditional commitment for an Energy Infrastructure Reinvestment (EIR) loan guarantee of up to $15 billion to Pacific Gas & Electric Company (PG&E) to modernize California's power grid and expand clean energy infrastructure. The DOE's EIR program was created under the Inflation Reduction Act to support utilities and com . . .
CALIFORNIA The Department of Energy (DOE) announced today a conditional commitment for an Energy Infrastructure Reinvestment (EIR) loan guarantee of up to $15 billion to Pacific Gas & Electric Company (PG&E) to modernize California's power grid and expand clean energy infrastructure. The DOE's EIR program was created under the Inflation Reduction Act to support utilities and com . . .