Pennsylvania Provides $10 Million for Clean Energy Projects

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