$3 billion partial loan guarantee to make distributed energy resources (DERs), including rooftop solar, battery storage, and virtual power plant (VPP)-ready software available to more American homeowners. Project Hestia is expected to prioritize a focus on households in disadvantaged communities across the United States, including Puerto Rico, as well as homeowners with lower credit ratings. If finalized, the partial loan guarantee would enable Sunnova, a leading Energy as a Service provider, to provide loans for clean energy systems for approximately 75,000 to 115,000 homeowners throughout the United States, including its territories.

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Federal Agency: Department of Energy

Category: Project