DOE loan program chief Davidson discusses new round of clean tech funding
Last month, for the first time in more than 2½ years, the Department of Energy announced a solicitation making up to $8 billion in loan guarantee authority available to advanced fossil energy projects. What steps is the Loan Programs Office taking to prevent project failures? During today's OnPoint, Peter Davidson, the office's executive director, discusses the types of projects the agency is looking to support under the new solicitation and explains how his office will ensure success in this new round of funding. He also explains how the office's work is affected by criticism and scrutiny of previous loan project failures.