The US Department of Energy has announced a $ 2bn loan guarantee programme for energy schemes on Native American and Alaskan Native lands . The Tribal Energy Loan Guarantee Program will offer the state 's guarantee for up to 90 % of energy scheme loans , including solar and storage but also fossil fuels and mining . Tribal lands account for 5.8 % of the US landmass and have about 6.5 % of the nation 's renewable energy potential , but lack of access to finance has held up funding to date . Finding affordable financing has always been "the big question and the obstacle," she told Utility Dive. California - based solar - plus - storage group CellCube Energy Storage is among the companies showing early interest in the new scheme .
The US Department of Energy has announced a $ 2bn loan guarantee programme for energy schemes on Native American and Alaskan Native lands . The Tribal Energy Loan Guarantee Program will offer the state 's guarantee for up to 90 % of energy scheme loans , including solar and storage but also fossil fuels and mining . Tribal lands account for 5.8 % of the US landmass and have about 6.5 % of the nation 's renewable energy potential , but lack of access to finance has held up funding to date . California - based solar - plus - storage group CellCube Energy Storage is among the companies showing early interest in the new scheme .