The Department of Energy (DOE) aims to obligate half of its $32.7 billion in American Recovery and Reinvestment Act (ARRA) funding by September 30, 2009. Appearing at the Solar Economics Forum in Washington, D.C. on September 9, Sanjay Wagle, a Renewable Energy Advisor on the Recovery Act Team with the DOE, said that the agency will soon begin dispensing the funds “in a much shorter time frame than what has previously been done,” as the DOE moves to obligate half of its $32.7 billion by the end of this September—the close of the federal fiscal year. “We’ve dispensed about a third of the grants, and we are just getting to the beginning on the loan guarantees,” Wagle said.
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