Thursday, March 14, 2019

USA, Oregon: State Funding Available for Renewable Energy Projects

Oregon Department of Energy Announces $2.75 Million In Available Grant Funding For Renewable Energy Projects (News Release)

Applications are due by April 22, 2019.

The Oregon Department of Energy (ODOE) is pleased to announce it is accepting applications for its Renewable Energy Development Grant program. ODOE has approximately $2.75 million available for projects that generate renewable energy in Oregon.

Qualified systems must produce electrical energy from a renewable resource such as biomass, solar, geothermal, hydroelectric, wind, landfill gas, biogas, or wave, tidal, or ocean thermal energy. Grants are capped at $250,000 per system and may not exceed 35 percent of the project cost.

ODOE uses a two-tier system for the competitive grants, so similarly-sized projects compete together. The agency will allocate about $1.5 million in RED Grant funds to projects sized up to 300 kilowatts (AC). Another $1.25 million will be allocated to projects greater than 300 kilowatts (AC).

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