Wednesday, October 22, 2014

Corbett Announces $19 Million In Alternative, Clean Energy Investments

Gov. Tom Corbett Wednesday announced Pennsylvania continues to expand its commitment to advance clean, alternative and renewable energy sources with the investment of more than $17.5 million in grants and more than $1.5 million in loans through the Commonwealth Financing Authority.
“Through these projects we are investing in cost-effective energy efficiency and conservation of our resources,” Gov. Corbett said. “They will support and improve upon the development of renewable energy use across Pennsylvania.”
The CFA approved 19 projects today through the state’s Alternative and Clean Energy (ACE) Program and one through the High Performance Building Program including seven alternative energy production projects, five high performance building projects and eight compressed natural gas (CNG)/liquefied natural gas (LNG) fueling stations which have the benefits of reducing emissions. The proliferation of fueling stations is expected to result in fuel savings and the utilization of domestically produced natural gas.
The CFA investments in Adams, Allegheny, Armstrong, Bucks, Carbon, Centre, Cumberland, Chester, Dauphin, Franklin, Lackawanna, Lancaster, Lebanon, Philadelphia, Tioga and Washington counties are projected to result in more than $194.7 million in additional economic investments.
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 website.

Subscribe To Receive Updates:

Enter your email address:

Delivered by FeedBurner