Reported 2 days ago
The U.S. Energy Department has announced $22.92 billion in conditional loans for energy utilities across 12 states, part of the energy infrastructure reinvestment program established under the Inflation Reduction Act. This funding will support projects aimed at replacing outdated infrastructure and reducing emissions. Key recipients include DTE Energy and Consumers Energy in Michigan, with loans aimed at enhancing renewable energy and pipeline upgrades. This financing marks a significant initiative in green energy just before a leadership change at the White House.
Source: YAHOO