The U.S. Dept. of Energy’s (DOE) Loan Programs Office (LPO) has announced a conditional commitment for an up to $72.8 million partial loan guarantee to finance the development of a solar and long-duration energy storage microgrid on the Tribal lands of the Viejas Band of the Kumeyaay Indians near Alpine, California.

This project is the first to be offered a conditional commitment through the Tribal Energy Financing Program, which was expanded and provided new loan authority the Inflation Reduction Act (IRA).

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Source: Solar Power World

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