Biden’s energy department revives loan program to boost clean technology

Program previously disbursed billions in loan guarantees to companies such as Tesla and the failed solar company Solyndra

As part of its clean-energy agenda, the Biden administration is reviving an energy department program that disbursed billions of dollars in loan guarantees to companies such as electric car maker Tesla and the failed solar company Solyndra, the energy secretary, Jennifer Granholm, says.

The loan program helped launch the country's first utility-scale wind and solar farms as part of the Obama administration's efforts to create green jobs" but largely went dormant under Donald Trump.