11-24-2021

Advancing Clean Energy Solutions

Innovators have embraced the challenge of achieving a sustainable future, and we’re proud to help develop, design, and deploy the next generation of clean energy projects.

De-Risking Innovation For Sustainable Energy

Innovation includes risk, and we help reduce that risk for clean energy technologies being developed under the U.S. Department of Energy Loan Programs Office. The LPO has issued more than $35B in loans and loan guarantees that have funded more than 30 projects, cumulatively avoiding 35.2 million tons of CO2 emissions.

Since 2008, the DOE has selected Parsons as its Engineer for more than $15B of projects deploying solar, biofuels, energy storage, and nuclear technologies at commercial scale. The LPO currently has $42 billion in loan capacity for technologies that reduce emissions.

Concentrating Solar Thermal Expertise

We’ve worked on more than 3,000 MW of concentrating solar thermal plants worldwide, making us one of the industry’s leading engineering firms in this market. We currently support Heliogen, a developer that is pioneering next-generation solar thermal technologies to harness solar energy for industrial heat, energy storage, and green hydrogen production.

Solutioning For New Energy Markets

We also help customers deploy sustainable energy by developing new markets for clean tech. Under a contract with U.S. Trade and Development Agency (USTDA), we assisted energy stakeholders in South Africa with developing a roadmap to adopt energy storage, leading to more than 1.6 GWh of energy storage procurements. Clean energy solutions are vital for the U.S. and the world to achieve a sustainable future. How can we help your new technology move from development to commercialization?

About The Author

Mike Chung is VP, Business Development, and oversees federal Energy Solutions for Parsons Corporation. He specializes in renewable energy, project development, strategy, advisory, technology development, and domestic and international business/product development.

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