Section
1705
—
under
which
the
government
agrees
to
repay
lenders
to
renewables
projects
should
developers
be
unable
to
meet
their
obligations
—
expires
on
30
September.
So
far,
19
projects
have
been
issued
loan
guarantees
or
conditional
commitments
under
1705.
The
government
backing
allows
access
to
financing
sources
at
interest
rates
that
otherwise
would
not
be
available.
It
also
serves
as
an
endorsement
of
technologies
with
a
limited
record
of
commercial
deployment.
Jonathan
Silver,
executive
director
of
the
Loan
Programs
Office
(LPO),
says
the
19
projects
will
account
for
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