To date, DOE has conditionally offered or closed 12 loans or loan guarantees. According to estimates from the companies, these projects will collectively create or save about 50,000 jobs. They will also lead to the capacity to produce more than 3 GW of clean power each year and will avoid more than 30 million tons of CO2 per year. The vehicle projects will save 270 million gallons of gasoline each year.
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