| USDA Guarantees an $80 Million Loan to a Georgia Biorefinery |
| The U.S. Department of Agriculture (USDA) has guaranteed an $80
million loan to Range Fuels, Inc., which is building a
biorefinery in Georgia to convert wood chips to biofuels using
a two-step thermochemical process. The guarantee is the
agency's first to a commercial-scale cellulosic biofuel plant.
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| Recovery Act Funds 191 New Transit Projects in 42 States, Puerto Rico |
| Vice President Joe Biden has announced more than $600
million in Recovery Act funding for 191 new transit projects in
42 states and Puerto Rico. Recipients are spending the funds
on improvements such as hybrid electric buses and
conversions of vehicles to hybrids.
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| Navy Awards $200 Million for 40 MW of Solar Power on Southwestern Bases |
| The U.S. Navy recently awarded a $200 million contract for a
total of 40 megawatts (MW) of solar photovoltaic power
systems on Navy and Marine Corps bases throughout the
Southwest. The National Park Service is also installing solar
power at many of its facilities, using Recovery Act funds.
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| Geneva Motor Show Spotlights Plug-Ins, Electric Vehicles, and Hybrids |
| The Geneva International Motor Show in Switzerland is
highlighting electrified vehicles, including plug-in hybrid
electric vehicles, electric vehicles, and a range of new
hybrids. The debuts include entries from such sports car
leaders as Porsche, Ferrari, and Lotus. |
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| Report Emphasizes Need to Reduce U.S. Consumption of Petroleum |
| An attempt to account for the energy security costs of
domestic and imported oil finds higher security costs for
imported oil. However, the costs are low compared to the
direct cost of oil, implying that U.S. energy security efforts
should focus on lower petroleum use, regardless of its source. |
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| Secretary Chu Offers $117 Million Conditional Commitment for Hawaii Wind Power Project |
| U.S. Secretary of Energy Steven Chu today announced that
the Department of Energy has offered a conditional
commitment on a $117 million loan guarantee to finance the
construction and start-up of an innovative 30 megawatt (MW)
wind energy project in Kahuku, Hawaii. |
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| DOE Offers $72 Million Conditional Loan Guarantee to SAGE Electrochromics |
| Energy Secretary Steven Chu today announced the
Department of Energy has offered a conditional commitment
for a $72 million loan guarantee to SAGE Electrochromics,
based in Faribault, Minnesota. |
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