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State and Local
February 2024
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This monthly newsletter from the U.S. Department of Energy's Loan Programs Office will include key updates, upcoming events and webinars, news, and resources for potential applicants and other stakeholders related to State Energy Financing Institution (SEFI) eligible projects.
Updates
More States Issuing Partner Funding Opportunities
For state leaders considering how to design a program that will leverage LPO’s financing to meet state clean energy goals, one approach that is gaining momentum is to start by issuing a “Request for Interest” (RFI). An RFI asks the public and private sector to respond to the state with ideas and project interest that could utilize LPO financing. Some states are tailoring their RFI to focus on projects that will achieve the state goals and energy plans.
States are issuing or considering RFIs in areas such as renewable development, industrial decarbonization, housing and building decarbonization, solar on schools, transportation, port infrastructure, amongst other project possibilities.
Another approach that some states are utilizing is to use the RFI model to test out whether the state is better suited to making awards to large projects (greater than $100M) or organizing a portfolio of small projects that applies to LPO through a special purpose vehicle.
Please note that by publishing State RFIs or RFPs, LPO is not endorsing, sponsoring, or otherwise evaluating the sufficiency of the financing support that may be offered by such organizations for purposes of eligibility for LPO financing under Title 17.
California Issues RFP for Virtual Power Plant Development for Community Benefit
The Strategic Growth Council (SGC) under the Office of Planning and Research (OPR) invites qualified and experienced Virtual Power Plant (VPP) providers, specifically those beginning or considering applications to , to submit proposals for developing and implementing Distributed Energy Resources (DERs) at eligible SGC-supported sites.
This RFP aims to identify a VPP Provider that will partner with SGC and collaborate with eligible sites to enhance the resilience of SGC-supported facilities while contributing to the overall reliability and sustainability of the grid. SGC is a DOE-designated SEFI whose project support can benefit project developers and DOE LPO loan recipients.
SGC expects to select and contract with one VPP provider to collaborate with and identify appropriate eligible sites for VPP development and operation but reserves the right to select and contract with more than one qualified VPP provider.
The complete RFP and Solicitation Guidelines are available on .
Upcoming Events
Past Events
The LPO team joined leaders in Rhode Island for a workshop organized by the Office of Energy Resources and hosted by the nonprofit Partnership for Rhode Island, an economic development organization. The session brought together public and private sector leaders to learn about what kinds of projects may be eligible for LPO financing and how states can design RFIs and programs to support applications to LPO under the State Energy Financing Institution innovation waiver. Please contact LPO Lead for State and Local Engagement Hans Riemer (hans.riemer@hq.doe.gov) if you are interested in a workshop for your state.
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Resources
Engage with LPO's SEFI Team
If you have a project that may be eligible for financing, please request a no-cost pre-application consultation.
Toolkit on SEFI Determination and Funding Opportunities
The SEFI Toolkit, an online resource published and maintained by LPO, is designed to help applicants, potential SEFIs, and others understand the process for becoming a SEFI and communicate the types of SEFIs that are currently certified. Click here to learn more.
Stay Up-to-date on SEFIs
Sign up for the monthly LPO SEFI email newletter.
Community Jobs and Justice Newsletter
LPO has just launched a new resource for community, jobs, and justice-related issues. This regular newsletter from LPO's Community Jobs & Justice team will include key announcements, upcoming events, and funding opportunities that may aid potential applicants and other stakeholders in developing their Community Benefits Plans (CBPs). Read the first edition and sign up for future editions.
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Sign up for clean energy financing updates from LPO
Subscribe to LPO's monthly email newsletter to stay up to date with the latest from the U.S. Department of Energy Loan Programs Office, including announcements about our financing programs, news about our portfolio projects, and ways to engage with our team about your project!
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