The U.S. Department of Energy (DOE) announced new senior leadership appointees, who will help the agency deliver on the Biden Administration’s bold climate agenda to create an equitable clean energy future for the American people. Jigar Shah will serve as Director of the Loan Programs Office, which oversees DOE’s more than $40 billion in loan authority across manufacturing, innovative finance, and tribal energy projects. Shah, a Keynote at BioCycle WEST COAST18 Conference and biogas advocate, was most recently co-founder and President at Generate Capital, where he focused on helping entrepreneurs accelerate decarbonization solutions through the use of low-cost infrastructure-as-a-service financing. Among Generate’s assets are anaerobic digestion facilities in Michigan and New York State.
In a Linkedin video discussing his new position at DOE, Shah stated: “The loan programs office is back open and ready for business. We are ready to go big on the world’s most exciting clean energy ideas and put Americans to work turning those ideas into reality. The DOE has more than $40 billion in loans to get started. We can do this. The possibilities are endless. I’m so excited to get to work.”
Prior to Generate Capital, Shah founded SunEdison, a company that pioneered “pay as you save” solar financing. After SunEdison, Shah served as the founding CEO of the Carbon War Room, a global non-profit founded by Sir Richard Branson and Virgin Unite to help entrepreneurs address climate change.