Tag Archives: Loan Office Program

The LPO, A Highly Successful Government Program Continues

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PMThe Loan Program Office’s (LPO) success rate is impressive by any standard. Given that it works with businesses that find it difficult to obtain bank loans, it is nothing short of phenomenal. Tesla, America’s rapid deployment of utilities scale PV solar and the first US produced battery packs are among the LPO’s success stories.
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The Loan Programs Office’s Accomplishment

By Roy L Hales

Screen shot 2014-03-18 at 3.43.47 PMAmerica’s solar industry is celebrating its most stellar year. The amount of capacity number of installations have grown from a mere 45 MW, in 2003, to 4,751 MW in 2013. As Rhone Resch, President and CEO of Solar Energy Industrieys  Association (SEIA) puts it, solar energy is now mainstream. More than half of those installations was from ere utility scale solar projects that probably would not have come into being were not for the Department of Energy’s Loan Programs Office (LPO).
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