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About the Episode:
Many of our regular listener energy nerds are aware that the U.S. Department of Energy Loan Programs Office (LPO), under the leadership if Secretary Granholm and Jigar Shah, has evolved from a near-dormant entity with just one loan in the previous administration to committing over $31 billion to projects across critical clean energy sectors like hydrogen, storage, solar, EVs, Carbon sequestration and more. With an expanded pipeline of 209 applications requesting $281.1 billion in financing, the LPO is driving innovation and growth in the clean energy sector, and we’re even seeing a veritable rebirth of the Nuclear industry here with Vogle 3 & 4 coming online as well as the Palisades plant in Michigan coming out of retirement!
Jigar Shah, as Director of the LPO, has engaged 6,500+ organizations, ensuring the energy transition is private-sector led and government-enabled. And the sheer numbers in the results are eye-opening. In particular, the support for the nearshoring of our critical manufacturing infrastructure.
Expect to learn:
How utilities can utilize virtual power plants (VPPs) and grid modernization to effectively manage growing energy loads.
The evolving partnership between utilities and the solar industry
The importance of reshoring energy technology manufacturing for U.S. energy independence
How the LPO is unlocking the renewable potential of tribal lands and creating broad-based wealth
The critical role of geothermal and nuclear energy in replacing coal plants with clean, firm power
Catch this and other impactful conversations recorded live at the PowerUp Live Podcast Stage in Anaheim. Watch now atwww.suncast.live!
NOTEWORTHY QUOTEs:
“I think when you look at not just energy security, but also national security and economic security. You need that diversified supply chain, and that requires intentionality.”
“A lot of folks got stuck after raising B rounds or C rounds, and they really had no place else to go. So, I think a lot of what we’ve done today is figure out how to give people hope, and that’s allowed people to raise their C and D rounds and actually get to where they’re coming to the Loan Programs Office requesting debt.”
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Our Platinum Presenting Sponsor for SunCast is Chint Power Systems America!
CPS America is the #1 supplier of 3-phase string inverters for Commercial & Industrial and Utility-Scale projects with more than 8 gigawatts of inverters installed on 20,000+ sites around the nation!
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ABOUT THE HOST OF SUNCAST:
Nico Johnson is the creator and host of SunCast, consistently rated a top solar podcast in the clean energy sector. The content of the show is geared towards listeners looking for insights on where the markets are headed, how to position themselves or their companies, and what today's market leaders do to stay ahead of the pack.
Nico is an Investor, Executive Coach, and 16-year veteran of the solar industry, having led development in the US and Latin America for global companies like Trina Solar and Conergy.
You can connect with Nico Johnson on Twitter, LinkedIn or email.
If you’ve been second-guessing your work decisions or maybe trying to reconsider how you "fit" in the renewable energy industry -> grab 15 minutes on Nico's calendar and discuss whether having him as Your personal coach might be the right next step.