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This solicitation invites applications for loan guarantees from the DOE for Transmission Infrastructure Investment Projects located in the US. Projects that support the generation of power from renewable energy sources will receive special consideration. An eligible project under this Solicitation shall consist of a complex electric transmission systems project located in the United States that: utilizes a commercial technology; is likely, to commence construction on or before September 30, 2011; cannot be financed from private sources on standard commercial terms and meets at least one of the following project criteria listed below:
- involves new or upgraded lines of at least 100 miles of 500 kilovolts or higher or 150 miles of 345 kilovolts.
- has at least 30 miles of transmission cable under water.
- has a high voltage direct current component.
- is a major interregional connector
- designated as a National Interest Electric Transmission Corridor by DOE
- associated with offshore generation, such as open ocean wave energy, ocean thermal, or offshore wind
- mitigates a substantial reliability risk for a major population center
Interested parties should check the website of the U.S. Department of Energy for complete details.
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