The LPO still has close to $400 billion in unspent loan authority, and Shah said it is providing essential financing to “the most exciting entrepreneurs and innovators that America has to offer."

Clean industry executives and experts at DOE's Deploy 2024 conference were surprisingly optimistic about continuing market growth linked to the boom in energy demand from data centers, AI and electrification.

U.S. Department of Energy officials say they're optimistic the costs of offshore wind energy development will begin to ease by the end of the decade.

Artificial intelligence may be driving new energy demand from hyperscale data centers, but it could also help find new solutions to meet that demand.

Advanced grid technologies can help expand the grid quickly and relatively cheaply, according to a new report from the U.S. Department of Energy.

DOE's Crane and Shah said all grant and loan applications are evaluated and carefully vetted by federal career staff and agency engineers and experts.

DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.

Eos Energy Enterprises prides itself on procuring most of its raw materials within a day’s drive of its plants in Turtle Creek, Pa.

The clean energy industry has incentives in the Inflation Reduction Act but lacks ambition, the head of the Department of Energy’s Loan Programs Office said.