Monday, January 9, the U.S. Department of Energy’s Loans Program Office announced supplements to the existing Title XVII Innovative Clean Energy loan program (Title XVII) and clarifications to the Advanced Technology Vehicles Manufacturing (ATVM) loan program about the eligibility of alternative fueling infrastructure deployment and manufacturing.
Effective immediately, Title XVII, or Improved Energy Technology Loans, are available for eligible fueling infrastructure deployment projects, including the associated hardware and software, for hydrogen, electricity, natural gas, and biofuels.
In addition to providing loans for vehicles and vehicle components, the ATVM Loan Program will also provide direct loans for up to 30% of the cost of re-equipping, expanding, or establishing manufacturing facilities used to produce alternative fuel infrastructure, including associated hardware. Eligible alternative fuels include electricity, hydrogen, natural gas and biofuels. These changes are effective immediately.