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Tuesday
Sep012009

DOE suggestions for loan guarantee applicants

The US Department of Energy recently put together a PDF outlining its suggestions for loan guarantee applicants.  As the DOE explains: 

DOE’s experience with previous loan guarantee solicitation processes has yielded useful lessons. Where possible, we have tried to incorporate these lessons into new solicitations in order to make the application process robust, yet efficient.

This past March, DOE offered its first loan guarantee to Fremont, CA-based thin-film solar startup Solyndra -- in an amount of $535 million -- to help finance a new manufacturing plant for cylindrical solar panels.

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