Mar

6

More Green Energy Loans On The Horizon

The federal government has ramped up its renewable energy loan programs again after years of resistance from congressional republicans. Currently, there are about $8 billion in earmarked funds for these loans. While these loans could go to just about anything, many of the dollars that have been earmarked will hopefully help to jumpstart the industry in ways that the program initially jumpstarted the industry the first time around.

In fact, the hope is that many smaller projects will get done with the funds from this program. While larger companies are already investing in renewable energy, these loans will help to ensure that the programs and projects from smaller sources are getting done. This will help to make more parts of the country energy efficient while not forcing companies to beg for investors.

The hope is that investors will come calling when they see how viable many of these projects are.

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