This is an excerpt from EERE Network News, a weekly electronic newsletter.
DOE Extends Renewable Energy Loan Guarantee Solicitation
DOE announced on August 20 that it is extending the application deadline for the July 2009 energy efficiency, renewable energy, and advanced transmission and distribution technologies solicitation. The Round 8, Part 1 application deadline is October 5, 2010. This gives companies an additional six weeks to apply for a loan guarantee under Section 1703, and if qualified, under Section 1705, provided by the American Recovery and Reinvestment Act. The goal is to get as many commercial renewable energy projects online as possible.
Round 8 is intended to give companies additional time to develop and submit Part I applications. The Round 8 Part II application deadline is December 31, 2010. See DOE press release and the Loan Guarantee Program Web site.