The Inflation Reduction Act has spurred nearly half a trillion dollars in investment in green energy, but the future of decarbonization faces uncertainty after recent elections.
The Loan Programs Office (L.P.O.) is critical for financing renewable energy projects, especially those deemed too risky by private sector lenders.
Jigar Shah emphasizes the transformative potential of the L.P.O. in scaling clean technology, allowing innovative solutions to be accessible and mainstream.
With the expanding authority of the L.P.O. from $40 billion to over $400 billion due to the Inflation Reduction Act, new possibilities for clean tech funding have emerged.
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