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Green Manufacturing Sector Gets a Boost from DOE

The Department of Energy will be accepting applications for projects that manufacture commercial renewable energy systems and components (e.g., energy storage systems, wind turbine systems, blades or solar photovoltaic components) through a new $750 million loan guarantee program. Energy Secretary Steven Chu believes the Commercial Technology Manufacturing Systems and Components solicitation will help to increase employment in the green manufacturing sector and keep U.S. green manufactures competitive in the global market. The American Recovery and Reinvestment Act through Section 1705 of the Loan Guarantee Program will support this solicitation. Read more about the program ...