$12.5 Million Available For PA Energy Development Authority Grants, Loans
Gov. Tom Corbett and the Department of Environmental Protection Thursday announced the Pennsylvania Energy Development Authority will begin accepting applications June 14 for an estimated $12.5 million in grants and loans for alternative and renewable energy projects, along with projects deploying technologies such as solar energy, wind, hydropower and biomass.
Applications are due August 15. Grants will be awarded in the fall.
“This 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.
Those 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.
Grant or 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 and biomass.
Funding is also available for clean alternative fuels, alternative energy manufacturing and alternative energy research. Funded activities must be conducted entirely in Pennsylvania and be in compliance with applicable laws.
Success Stories
Read about these stories about the success project sponsors had with PEDA funding in the past--
June 24 Webinar
To further assist potential applicants, DEP has scheduled a related webinar on Tuesday, June 24 from 2 to 3 p.m. to review key items for this funding opportunity. Registration is required.
To Apply
Applications must be submitted online using the state’s eGrants system.
PEDA 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.
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