Gov. Corbett Tuesday announced Pennsylvania is expanding its commitment to advance clean and alternative energy sources with the investment of more than $4.5 million in grants through the Commonwealth Financing Authority.
“Energy equals jobs, and today’s investments continue my commitment to grow Pennsylvania’s diverse energy industries,” said Corbett. “The expansion of alternative energy is resulting in cost savings for businesses and residents, new job opportunities, and a cleaner environment.”
The Commonwealth Financing Authority approved seven projects today through the state’s Alternative and Clean Energy Program in Chester, Columbia, Cumberland, Lebanon, Montgomery, Northampton and Philadelphia counties. The CFA investments are projected to result in more than $16.7 million in additional economic investments.
The approved projects include funding for six compressed natural gas fueling stations. The proliferation of fueling stations is expected to result in reduced emissions, fuel savings and the utilization of domestically produced natural gas.
“We have an available, abundant, domestic, economical and clean-burning supply of natural gas throughout Pennsylvania.” said Corbett. “Increasing the number of natural gas fueling stations in the state will grow the industry, boost employment and result in a better environment.”
The ACE Program provides financial assistance in the form of grants and loan funds that will be used by eligible applicants for the utilization, development and construction of alternative and clean energy projects in the state.
A list of projects funded is available online.For more information, visit the Commonwealth Financing Authority.