LPO’s financing programs help to modernize the grid and advance renewable energy technologies. Renewable energy is energy produced from resources like biomass, geothermal, sunlight, water, and wind that are naturally replenished and do not run out.
Renewable energy can be used for electricity generation, space and water heating and cooling, and transportation. There are many other advantages of renewable energy, such as increasing U.S. energy independence; enabling job creation throughout renewable energy industries; enhancing the reliability, security, and resilience of the nation’s power grid; reducing carbon emissions and air pollution from energy production; and more.
