10/07/24 - 148 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/yk64wwfb
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$5 Million In Grants Support Cleaner Geothermal, Biofuel Alternatives
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The Commonwealth Financing Authority this week approved $5 million for six project to install three geothermal system installations, two biofuel projects, and one study that will examine the feasibility of mixed-income housing in Pittsburgh that would reduce utility consumption by up to 90 percent for its occupants.
"We are proving alternative energy technology can help families, businesses and municipalities save millions collectively on their utility costs," said Gov. Rendell. "That's a worthwhile incentive from our perspective, but we're also putting people to work and fueling the demand for green collar jobs, while developing and deploying the technologies that will reduce our dependence on foreign oil and strengthen our national security."
All told, the six projects account for nearly $16.4 million, with more than two thirds of that total investment in Pennsylvania's economy coming from private funds.
A list of projects funded is available online.
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4/5/2010 |
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