Global Trade Alert
Global Trade Alert

United States of America: DOE approves USD 289.7 million loan guarantee to Sunwealth for solar virtual power plants

Announcement

16 Jan 2025

In January 2025, the U.S. Department of Energy’s Loan Programs Office announced a USD 289.7 million loan guarantee to Sunwealth Holdco 18 LLC for deploying commercial solar systems across 27 states.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jan 2025

Revocation date:

No revocation date

Updated: 16 Jan 2025
Loan guarantee In force

On 16 January 2025, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a USD 289.7 million loan guarantee to Sunwealth Holdco 18 LLC for Project Polo. The fu...

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