Tag: funding
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USDA provides $2.3 billion to support renewable energy in rural communities
The U.S. Department of Agriculture granted $2.3 billion in funding for reliable energy infrastructure and renewable energy projects to rural communities across the country, driving economic development in rural areas and helping lower energy costs for rural Americans. A majority of the funding will support 39 projects to improve electric infrastructure in 21 states through the Electric……
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DOE offers $18 million to fund for Flexible Innovative Transformer Technologies
The U.S. Department of Energy has announced an $18 million funding opportunity for Flexible Innovative Transformer Technologies (FITT). Through this funding opportunity announcement, DOE will select up to nine awardees that are able to research, develop and demonstrate advanced transformers across a range of distribution to transmission scale applications, improving grid reliability and easing transformer……
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First Citizens, Spearmint Energy funding battery storage projects | Solar Financing Spotlight
First Citizens Bank is helping to fund a 200 MW energy storage project in California, while Spearmint Energy has secured tax equity for a 150 MW storage project Texas. Learn more about these initiatives along with other funding news in our latest Solar Financing Spotlight. To start off, First Citizens Bank’s Energy Finance business has served……
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PVcase secures $100M investment to solve data risk challenge
EU-based solar project design software provider PVcase has secured a joint investment of $100 million. The funding will support the company’s efforts make solar project design faster, more efficient and precise while solving the industry’s growing problem of “data risk.” Despite considerable resources already invested in the solar market, the solar engineering industry lacks the……
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DOE awards $1.2 million in funding for Energy Storage for Social Equity program
The U.S. Department of Energy’s Office of Electricity (OE) has announced approximately $1.2 million in funding for four organizations as part of its Energy Storage for Social Equity (ES4SE) initiative. ES4SE is designed to empower disadvantaged communities to consider energy storage technologies as a viable path toward achieving their energy goals. “These organizations are fully engaged with ES4SE to find energy storage……