US Loans Programme Office, loans

The Loan Programs Office (LPO) provides loans and loan guarantees available to help deploy innovative clean energy, advanced transportation, and Tribal energy projects in the United States. Over the past decade, LPO has closed more than $30 billion of deals across a variety of energy sectors. It approved loans worth USD 10.8 billion in 2024 for lithium-ion battery factories, lithium carbonate production, silicon carbide wafer manufacturing for longerrange EVs, and lithium-ion battery recycling under its programme for vehicle manufacturing loans.

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