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Obama Administration Announces Billions in Lending Authority for Renewable Energy Projects and to Modernize the Grid

Source: http://www.investorideas.com/News/073009a.asp
Posted on Thursday, July 30th, 2009 | In Energy Markets, Market Commentary
Contributed by: Dawn Van Zant (http://www.investorideas.com) -

Washington, DC – July 30, 2009 – U.S. Energy Secretary Steven Chu announced today that the Department of Energy will provide up to $30 billion in loan guarantees, depending on the applications and market conditions, for renewable energy projects.

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About Dawn Van Zant (http://www.investorideas.com)
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.

InvestorIdeas.com was one of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors.

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