U.S. Department of Energy (DOE) Secretary Steven Chu today announced plans to provide up to $22 million from the American Recovery and Reinvestment Act to support the planning and installation of utility-scale community renewable energy projects in up to four communities nationwide. This funding opportunity directly supports the Obama Administration’s goals of developing clean, renewable energy supplies, and creating new jobs and economic opportunities.
“American families and businesses are struggling in a recession and an increasingly competitive global economy. The Recovery Act was designed to rescue the economy from the immediate dangers it faces while rebuilding its fundamentals, with an eye toward new industry and opportunity,” Secretary Chu said. “To help meet these challenges, the Recovery Act invests significant dollars to put people to work to spur a revolution in clean energy technologies.”
The DOE Office of Energy Efficiency and Renewable Energy (EERE) will provide technical assistance to selected recipients, including concepts, best practices, planning, financial approaches, policy guidance, and recognition to help communities rapidly plan and deploy utility-scale renewable energy systems that provide clean, reliable, and affordable energy supplies for their communities, while creating jobs and new economic development opportunities. The projects will demonstrate how multiple renewable energy technologies, including solar, wind, biomass, and geothermal systems, can be deployed at scale to supply clean energy to communities.
DOE anticipates each project will leverage significant investment, including public and private sector investment in renewable energy systems. The projects funded under this Funding Opportunity Announcement are expected to create jobs and avoid 50,000 tons of carbon dioxide annually.
Up to $22 million in DOE funding is available for these awards in fiscal year 2010. DOE anticipates making up to 4 awards totaling up to $21.45 million, and expects matching funds from public and private investment of $22 million or more.
Successful applicants will be awarded financial assistance to support the implementation of an integrated renewable energy deployment plan for a community, and the construction of renewable energy systems.
Completed applications are due September 3, 2009. DOE will select awardees by the end of November 2009.