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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). chance of default. Five months ago.

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The credit generally is available for vehicles purchased after 2005. Innovative Technology Loan Guarantees.

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