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GOVERNMENT: $44 M in Grants for Energy Initiatives.
According to the Department of Agriculture, approximately $44 million in grants are now available for renewable energy initiatives. The money came via the 2002 Farm Bill and programs will be conducted in collaboration with the Department of Energy. Of the total amount, $23 million is available from USDA's Rural Development for the Renewable Energy Systems and Energy Efficiency Improvements programs to assist farmers, ranchers, and rural small businesses develop renewable energy systems and make energy efficiency improvements to their operations.
Applicants for the Renewable Energy Systems and Energy Efficiency Improvements program must be agricultural producers or rural small businesses, U.S. citizens or legal residents, and have demonstrated financial need. Rural Development grant funds may be used to pay up to 25% of the eligible project costs. Eligible projects include those that derive energy from a wind, solar, biomass, or geothermal source, or hydrogen derived from biomass or water using wind, solar, or geothermal energy sources. Awards will be made on a competitive basis for the purchase of renewable energy systems and to make energy ...
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