The U.S. Department of Energy wants the public to know that its $30 billion program to support alternative energy projects is alive and well—and there's more than just solar and wind power in the mix.
Think nuclear power.
In an interview with CNBC, U.S. Energy Secretary Ernest Moniz declared the contentious green technology loan program "open for business." As memories of the 2011 political scandal around solar panel maker Solyndra fade, Moniz touted a portfolio of more than 30 projects that he said are creating a blueprint for successful renewable energy funding.
Although the program is most closely associated with high-profile implosions of Solyndra and Fisker Automotive, notable alumni include Tesla Motors, which famously repaid its loan well ahead of schedule.
"It has been an extremely successful program," Moniz told CNBC on Tuesday on the sidelines of the Bloomberg New Energy Finance conference in New York. "Obviously we've had high-profile defaults," he said, but the program's overall track record remains "quite good."