$750M in New Funding for Renewable Energy Projects from the American Recovery and Reinvestment Act

U.S. Energy Secretary Steven Chu announced in Washington that the Department of Energy (DOE) will provide up to $750 million in new funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will be targeted to cover the cost of loan guarantees for renewable energy projects and could support as much as $4 to 8 billion in lending to eligible projects, and the Department will invite private sector participation to accelerate the financing of these renewable energy projects.

Grant Alert: Recovery Act Local Energy Assurance Planning Grant

The National Energy Technology Laboratory’s Recovery Act – Local Energy Assurance Planning (LEAP) Initiative is offering grants to city or township governments for programs and initiatives that help them develop energy assurance and resilience plans. The deadline for application is 10/22/09 and awards will be in the range of $60,000 and $300,000.

DOE Awards $24M in Wind Energy Research Grants

U.S. Energy Secretary Steven Chu announced grant awards for up to $24 million, from the American Recovery and Reinvestment Act, to three university-led wind energy research facilities that have been selected to support university research and development programs to improve land-based and offshore wind turbine performance and reliability and to provide career educational opportunities for undergraduate and graduate students in wind energy technologies. The three universities are: Illinois Institute of Technology, University of Maine and University of Minnesota.

DOE Doles Out $300 Million in Clean Cities Grants to Support Clean Fuels, Vehicles, and Infrastructure Development

Last week, Secretary Chu announcen nearly $300 million in Clean Cities grants to support clean fuels, vehicles, and infrastructure development. The projects are designed to create jobs, limit pollution, and reduce America’s dependence on foreign oil.

Study Says Energy Efficiency Can Save The United States $1.2 Trillion

The United States has the potential to save more than $1.2 trillion in energy costs and cut consumption by 23 percent by 2020, according to a report released last week by global management consulting firm McKinsey & Co. The comprehensive energy-efficiency strategy cited in the report removes approximately 1.1 billion tons of greenhouse gas emissions annually — the equivalent of taking the entire U.S. fleet of light trucks and passenger vehicles off the roads. It also could produce savings that exceed California’s total annual energy consumption.

Clean Energy Investments Can Create 1.7 Million Jobs and Jumpstart The Economy

As clean energy and climate legislation works its way through Congress, new data shows that a $150 billion investment in clean energy could create a net increase of 1.7 million American jobs and significantly lower the national unemployment rate. According to the analysis, shifting to a clean-energy economy will help millions of low-income Americans by creating more accessible job opportunities — with the potential for advancement — and by lowering utility bills and transportation costs.

U.S. Department of Labor Announces $500 Million for 5 Grant Solicitations to Train Workers for Green Jobs

During a visit to Memphis last month, Secretary of Labor Hilda L. Solis announced five grant competitions, totaling $500 million, to fund projects that prepare workers for green jobs in the energy efficiency and renewable energy industries.

“Emerging green jobs are creating opportunities for workers to enter careers that offer good wages and pathways to long term job growth and prosperity,” said Secretary Solis. “Workers receiving training through projects funded by these competitions will be at the forefront as our nation transforms the way we generate electricity, manufacture products and do business across a wide range of industries.”

Department of Energy Announces Grants To Establish 46 Energy Frontier Research Centers

The White House announced that the U.S. Department of Energy Office of Science will invest $777 million in Energy Frontier Research Centers (EFRCs) over the next five years. In a national effort to accelerate scientific advances in critical areas of the new energy economy the United States Department of Energy (DOE) will establish 46 new multi-million dollar Energy Frontier Research Centers (or EFRCs) across the nation.

Department of Energy Announces $800 Million in Funding to Biofuels

US Department of Energy Secretary Chu announced plans to provide nearly $800 million from the American Recovery and Reinvestment Act targeted towards advancing biofuels research and development and for commercial-scale biorefinery demonstration projects. The $786.5 million in Recovery Act funding a mix of new funding opportunities and additional funding for existing projects, will be allocated over four main areas. Integrated pilot- and demonstration-scale biorefineries projects are to receive the bulk of the funding with the remainder going to commercial-scale biorefinery projects, fundamental research in key areas to advance cutting-edge conversion technologies, including generating more desirable catalysts, fuel-producing microbes, and feedstocks and to ethanol research.