Dollars Released for Renewable Energy Feasibility Studies

Dollars Released for Renewable Energy Feasibility Studies

Grants must be for projects in rural areas and be technically feasible.

USDA is releasing $3 million in funding to conduct feasibility studies for renewable energy systems for agriculture producers and rural small businesses. These dollars are part of the Rural Energy for America Program. Grants are limited to $50,000 per study and the application deadline is October 5, 2010.

Eligible feasibility studies include projects that will produce energy from wind, solar, biomass, geothermal, hydro power and hydrogen-based sources. The energy to be produced includes heat, electricity or fuel. For all projects, the system must be located in a rural area, must be technically feasible and must be owned by the applicant.

"These grants will help encourage the development of viable renewable energy projects across the nation and help small business owners, farmers, ranchers and agriculture producers conduct feasibility studies that identify renewable energy opportunities," said Ag Secretary Tom Vilsack.

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