North Dakota, United States [RenewableEnergyWorld.com] U.S. Agriculture Secretary Ed Schafer announced that 639 individuals and businesses in 43 states and the U.S. Virgin Islands have been selected to receive US $35 million in grants and loan guarantees for renewable energy systems or to improve energy efficiency in farm and business operations.
The grants and loan guarantees are being awarded through USDA Rural Development’s Section 9006 Renewable Energy Systems and Energy Efficiency Improvements program. The program provides financial assistance to agricultural producers and rural small businesses to support renewable energy projects across a wide range of technologies such as biomass (including anaerobic digesters), geothermal, hydrogen, solar and wind energy.
The program also provides support for energy efficiency improvements, helping recipients reduce energy consumption and improve operations. Of the US $35 million announced, US $27.5 million are grants and US $7.4 million are guaranteed loans.
“America is a world leader in renewable energy and energy efficiency,” Schafer said. “These projects are good for business, good for the economy, good for jobs, and they help secure more self sufficient energy resources for our country.”
Funding of individual recipients is contingent upon their meeting the conditions of the award agreement. For a complete list of recipients, click here.