This program provides loan guarantees for projects which potentially constitute new or significantly improving technologies  that are not a commercial technology but which clearly demonstrate that the project is ready to proceed to commercialization.  Under this program, there are funding opportunities using Recovery and non-Recovery funds.  Eligible projects may fall within a number of technology categories:

1. Alternative fuel vehicles
2. Biomass
3. Efficient Electricity Transmission, Distribution, and Storage
4. Energy Efficient Building Technologies and Applications
5. Geothermal
6. Hydrogen and Fuel Cell Technologies
7. Energy Efficiency Projects
8. Solar
9. Wind and Hydropower

Proposed projects may be either manufacturing projects or stand-alone projects.

This is part of a multi-round funding solicitation.  Funds in this round are subject to sufficient loan guarantee authority remaining available. Applications are made to the U.S. Department of Energy.  For more information, see the program solicitation.