Department of Energy Finalizes $4.8bn in Solar Loan Guarantees
On the last day of its 1705 loan guarantees program, the US Department of Energy finalized support packages for four major solar projects on Friday, totaling almost $4.8 billion.
State’s New Energy Department Taking Shape
“We are at that transformational moment,” said Kevin DelGobbo, chairman of the Connecticut Public Utilities Regulatory Authority.
When Gov. Dannel Malloy signed a comprehensive energy policy reform law in June, the legislation was high on concepts and big-picture moves but low on the details of how Connecticut could become an energy leader while also lowering its overall costs.
US Military to Invest $10 Billion a Year in Renewable Energy
The U.S. Department of Defense (DOD) - one of the largest energy consumers in the world at 300,000 barrels of oil a day - is quickly moving toward energy efficiency and renewables to reduce risks to soldiers, enhance national energy security, and save money.
DOD is committed to getting 25% of its energy from renewables by 2025, the Air Force plans to use biofuels for 50% of domestic aviation by 2016 and the Navy will reduce fuel consumption on ships 15% by 2020.