DOE announces $72.8M loan for solar-plus-storage microgrid on tribal lands

DOE closed a $72.8M loan to fund a solar-plus-long-duration energy storage microgrid, under the Biden-Harris Administration’s Investing in America agenda.

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $72.8 million loan guarantee to finance the development of a solar-plus-long-duration-energy-storage microgrid. The microgrid will be located on the Tribal lands of the Viejas (Baron Long) Group of Capitan Grande Band of Mission Indians of the Viejas Reservation near Alpine, California. This project—supported by a grant from the California Energy Commission, investments from U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, and Starbucks—will provide the Viejas Band with reliable utility-scale renewable energy generation and storage infrastructure through the installation of a 15 MW photovoltaic solar generation system and a 70 MWh battery long-duration energy storage system. Today’s announcement underscores President Biden and Vice President Harris’ deep commitment to working with Tribal Nations and communities to build an inclusive, equitable, and resilient clean energy future.

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Source: Energy.gov

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