Photo found at ESRI.comU.S lawmakers recently created a new agency within the Energy Department that focuses on clean energy investments. Essentially, this means that the agency will provide loans and loan guarantees to American businesses investing in clean energy systems and technologies. Historically, there has been hesitation from the private business sector to invest in clean energy systems due to the initial high costs. The new agency however, will facilitate private businesses in their transition to clean energy in the form of loans. The agency has acquired $6 billion through the stimulus package for transmission loan guarantees for businesses. Read more…
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