Tag: grant

DOE and Interior Announce $26.6 Million for Hydropower R&D

At the National Hydropower Association conference in Washington, D.C. earlier this week, Department of Energy ("DOE") Secretary Steven Chu and Department of the Interior ("DOI") Secretary Ken Salazar announced a $26.6 million grant program to advance the development, testing, validation, modeling, and interconnection of advanced conventional hydropower systems.  The agencies’ news came at the same time that the … Continue Reading

USDA Issues Notice of Funding Available for Renewable Energy Feasibility Studies

From our colleague Sarah Johnson Phillips: Today, the U.S. Department of Agriculture (USDA) released a Notice of Funding Available (NOFA) for up to $3,000,000 in renewable energy feasibility study grants under the Rural Energy for America Program (REAP).  The grants are available to farmers, ranchers, and rural small businesses for conducting feasibility studies for renewable energy … Continue Reading

Optimizing Tax Benefits in Financing Renewable Energy Projects

Federal tax benefits, such as the Section 1603 Grant, investment tax credits and production tax credits, continue to be an important driver in financing renewable energy projects.  Several of my colleagues will be discussing these tax benefits and other incentives related to project financing in a webinar hosted by Infocast on Wednesday, March 31, 2010 at 1:00 … Continue Reading

Treasury Creates Safe Harbor for Smart Grid Investment Grants

Yesterday, the Energy and Treasury Departments jointly issued guidance regarding the federal income tax treatment of Smart Grid Investment Grant payments received pursuant to the American Recovery and Reinvestment Act (ARRA). The guidance, which was issued as Revenue Procedure 2010-20, generally provides that a corporation receiving a specified grant will not recognize taxable income upon … Continue Reading

Upcoming Webinar: The Treasury Grant Program – Follow-up and Q&A

Join us for Structured Tax Incentives Part Deux! Our follow-up webinar will again include Vicky McDowell, Chief Administrator of the Treasury ITC Grant program. Unlike the first session, we will not use a formal presentation; instead, we will cover in greater detail the issues raised in your comments and will attempt to answer as many … Continue Reading

Show me the Money: Washington State Issues Final Guidance for Competitive Energy Efficiency and Conservation Block Grant Program

The American Recovery and Reinvestment Act provides $3.2 billion for energy efficiency and conservation block grants. Most of this money has been allocated directly to various local governments. Washington has an additional $6.4 million available through a competitive grant program. Washington’s competitive grant program is administered through its Department of Commerce. Today, the Department of Commerce has announced … Continue Reading

No Preliminary Approval for ITC Grants

In recent days, there have been rumors circulating that Treasury would issue "pre-approvals" for ITC grants in cases where construction begins in 2009 or 2010 but the project is not placed in service before 2011.  You will recall that projects may still qualify for the ITC grant in those cases if they meet the placed … Continue Reading

Show me the Money: Webinar Explaining the Wind Turbine Drivetrain FOA

About a month ago we issued an alert regarding a $45 million funding opportunity announcement ("FOA") for the development of a wind turbine drivetrain testing facility (alert available here). Today, the Department of Energy ("DOE") announced that they are hosting a webinar regarding this FOA.  The webinar will be held July 30, 2009 at 11:00 a.m. Eastern.  Through this … Continue Reading

Funds Available to Repower Biorefineries

USDA recently announced that it will deploy up to $20 million to encourage the use of renewable biomass as a replacement fuel source for fossil fuels as well as to provide process heat or power in the operation of eligible biorefineries. Eligible biorefineries are biorefineries that meet all of the following criteria: Convert renewable biomass into biofuels and … Continue Reading

U.S. Department of Labor Announces US $500M For Green Job Training

  U.S. Dept of Labor announced five grant competitions this week, totaling US $500 million, to fund projects out of Recovery funds that prepare workers for green jobs in the energy efficiency and renewable energy industries. Four of the competitions are designed to serve workers in need of training through various national, state and community outlets. These … Continue Reading

Show me the Money: Mandatory Registrations to be Eligible for Stimulus Funding

In general, parties that are considering applying for Stimulus Act funding for their project must preregister at the following websites:  Applicants must obtain a Dun and Bradstreet Universal Numbering System number (DUNS) DUNS website: http://www.dnb.com/US/duns_update/ Applicants must register with the Central Contractor Registration (CCR)  CCR website: http://www.ccr.gov/ Applicants must register with FedConnect to submit their application.  FedConnect … Continue Reading

Energy Efficiency and Conservation Block Grants – Formula Grants

The American Recovery and Reinvestment Act of 2009, provides over $2.7 billion in formula-based grants to states, U.S. territories, units of local government, and Indian tribes under the Energy Efficiency and Conservation Block Grant (EECBG) Program.    The purpose of the EECBG Program is to assist eligible entities in creating and implementing strategies to: reduce … Continue Reading

Show me the Money: $10 million for Climate Showcase Communities

On June 16, 2009, the Environmental Protection Agency ("EPA") issued a request for applications ("RFA") for its Climate Showcase Communities Grant Program.  The RFA provides $10 million for programs to help lower green house gas ("GHG") emissions through energy and resource management. Eligible activities are those that reduce GHG emissions in the following priority areas: … Continue Reading

Apply Now for REAP Grants and Loan Guarantees

The USDA announced today that it is accepting applications under the Rural Energy for America Program (“REAP”).  REAP provides grants and loan guarantees to agricultural producers and rural small businesses to purchase renewable energy systems, make energy efficiency improvements and conduct feasibility studies for renewable energy systems. REAP funds are available in the following amounts: Grants for … Continue Reading

Deadline Approaching for Minnesota Biodiesel Grants

The Minnesota Department of Agriculture has announced that it will be providing $300,000 in grants to qualified applicants to use for the addition of infrastructure that would allow for the blending of biodiesel in all types of weather, including cold conditions.  Facilities must offer biodiesel for a minimum of five years, contingent upon the availability … Continue Reading
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