Boost for rural energy - $144 million in clean energy grants announced
USAgNet - 02/29/2024
The administration has taken a significant step towards promoting sustainable energy in rural America. With an investment of $144 million, the initiative is set to impact hundreds of farms by providing them with grants for small-scale energy projects.Announced by Agriculture Secretary Tom Vilsack at a wind energy conference, the plan targets small and medium-sized farms, aiming to reduce costs and potentially increase incomes within rural communities.
Funded through the Inflation Reduction Act, the program seeks to expand the Rural Energy for America Program. This expansion will not only support the adoption of alternative energy sources such as wind but also focus on underutilized technologies, promising a greener future for agriculture.
The collaboration between the departments of Agriculture and Energy underlines a commitment to distributing renewable energy technologies. Expected to benefit up to 400 farms, the program offers a combination of grants and loan guarantees, fostering long-term economic benefits for families, businesses, and communities involved.
This initiative is a part of the broader RAISE initiative, highlighting the administration's dedication to sustainable development and energy independence in rural areas. By leveraging underutilized technologies, the project aims to create a resilient, energy-efficient agricultural sector, setting a precedent for future investments in rural clean energy.
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