Corbett Announces $12.5 Million Available for Energy Development Authority
Grants and Loans
financing authority’s allocations to include $10 million specifically to
renewable energy projects
Harrisburg – Governor Tom Corbett and the Department
of Environmental Protection (DEP) today announced that the Pennsylvania Energy
Development Authority (PEDA), an independent public
financing authority created in 1982, will offer an estimated $12.5
million in grants and loans beginning June 14 for alternative and renewable
energy projects, along with projects deploying technologies such as solar
energy, wind, hydropower and biomass.
funding is an opportunity for companies, municipalities, schools and
organizations to deploy alternative energy projects or construct new facilities
related to alternative fuels,” Corbett said. “Such projects further our goal to
develop a diverse and robust energy sector here in Pennsylvania, in a manner
that protects our environment and uses our resources smartly and efficiently.
eligible to apply include non-profit corporations; Pennsylvania schools,
colleges and universities; any Pennsylvania municipality, and public or private
corporations, partnerships, limited liability companies, associations and other
legal business entities.
loan funds will be awarded on a competitive basis. PEDA anticipates
awarding approximately $10 million specifically for alternative and renewable
energy projects, deploying technologies such as solar energy, wind, hydropower
also available for clean alternative fuels, alternative energy manufacturing
and alternative energy research.
activities must be conducted entirely in Pennsylvania and be in compliance with
are due by 4 p.m. on August 15th and must be submitted online using the state’s eGrants system - www.grants.dcnr.state.pa.us. Grants
will be awarded in the fall.
applicants are encouraged to participate in a related webinar, scheduled for
June 24 from 2-3 p.m.
is an independent public financing authority created in 1982 by the
Pennsylvania Energy Development Authority and Emergency Powers Act, revitalized
through an April 2004 Executive Order. The authority's mission is to finance
clean, advanced energy projects in Pennsylvania.
for the webinar, complete the online grant application or learn more about
PEDA, visit www.dep.state.pa.us,
keyword: Pennsylvania Energy Development Authority.
availability of funding helps further implementation of Gov. Corbett’s “Energy
Equals Jobs” state energy plan released in January. To learn more about the
energy plan, click the PA State Energy Plan button on the DEP webpage.
Caras, Governor’s Office; 717-783-1116
Rebarchak, DEP; 484-250-5820