Pennsylvania Provides $10 Million for
Clean Energy Projects
The Pennsylvania Department of Environmental Protection (PDEP) recently
announced the availability of $10 million for clean energy projects within the
state.
“Pennsylvania is leading the way in the development and deployment of new
technology, offering significant financial incentives to make energy
manufacturing a cornerstone of our economic future and ensuring that more
electricity generation comes from environmentally beneficial resources,” said
Kathleen A. McGinty, Pennsylvania’s Secretary of Environmental Protection.
Applicants may seek financial assistance in the form of grants, loans or loan
guarantees for a variety of electric power projects including wind, solar,
biomass, waste coal and coal gasification, among others. Applied research
projects related to electric power also are eligible to apply.
Proposed projects will be evaluated on a variety of criteria, including their
ability to promote Pennsylvania’s indigenous energy resources, encourage
energy diversity and enhance energy security. Projects will be judged on their
potential to create jobs and stimulate investment in the Commonwealth. Potential
environmental benefits, as well as technical feasibility and cost-effectiveness,
also will be considered.
The Pennsylvania Energy Development Authority originally was established in 1982
to promote applied energy research, provide financial incentives for the
deployment of clean, alternative energy projects and promote investment in
Pennsylvania’s energy sector.
Pennsylvania is now home to one of the nation’s most progressive alternative
energy portfolio standards, ensuring that in 15 years, 18 percent of all of the
energy generated in the Commonwealth comes from clean, efficient sources,
according to the state. Opportunities exist for low-cost, long-term partnerships
with existing manufacturers and industrial operations.
Published 04/14/2005
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2005 Greenmedia Publishing Ltd.