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 The U.S. Department of Energy's
Loan Guarantee Program paves the way for federal support of clean energy projects that use innovative technologies, and spurs
further investment in these advanced technologies.
Established under Title XVII of the Energy Policy Act of 2005, the Secretary of Energy is authorized to make loan guarantees to qualified projects in the belief that accelerated commercial use of these new or improved technologies will help to sustain economic growth, yield environmental benefits, and produce a more stable and secure energy supply.
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DOE Announces New Executive Director of Loan
Guarantee Program
November 10, 2009
Underscoring his commitment to strengthen and streamline
the Department of Energy's operations, Secretary Steven
Chu today named Jonathan Silver Executive Director of
the Department's loan program office. In this role,
Silver will oversee the Department's Loan Guarantee
Program as well as the Advanced Technology Vehicles
Manufacturing (ATVM) loan program.
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