Windustry News

Department of Energy Streamlines Loan Guarantee Process for Renewable Energy

U.S. Department of Energy

Washington DC — The U.S. Department of Energy (DOE) has announced it will provide up to $750 million in funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will cover the cost of loan guarantees which 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.

Wind Industry Will Create Many New Jobs across Value Chain

Durham, N.C. - As the country continues to support greater reliance on wind energy for electricity generation, the wind industry could restore some jobs lost in the automotive industry and create many new jobs across the value chain, according to a new report released by the Center on Globalization, Governance & Competitiveness (CGGC) at Duke University.

USDA Selects Windustry to Form Landowner Wind Energy Association Resource Center

USDA logo

Washington, Sept. 24, 2009 - Agriculture Secretary Tom Vilsack today announced that 58 recipients have been selected to receive $8 million in grants to spur economic development in rural communities in 41 states, the Territory of Puerto Rico and the Western Pacific. Minnesota-based Windustry has been selected to receive a $200,000 grant to form the Landowner Wind Energy Association Resource Center.

Second Round of Clean Energy Awards Announced by Treasury

Washington, D.C. - The U.S. Treasury Department has announced the second round of awards for cash assistance to energy producers in place of tax credits. This provides provides an additional $550 million, bringing the total to more than $1 billion awarded to dateto companies committed to investing in domestic renewable energyproduction.

Department of Energy Advances Smart Grid Vision

Washington, D.C., September 21, 2009 - U.S. Energy Secretary Steven Chu detailed the Obama administration's vision for implementing a smart grid and modernizing America's electrical system: a stronger, smarter, more efficient electricity infrastructure that will encourage growth in renewable energy sources, empower consumers to reduce their energy use, and lay the foundation for sustained, long-term economic expansion.

USDA Announces $13 Million in REAP Grants and Loans

USDA logo

The United States Department of Agriculture (USDA) is providing more than $13 million in loans and grants for 233 renewable energy projects in 38 states under the Rural Energy for America Program (REAP).

Minnesota Transmisson Study Suggests Grid Upgrades for Renewable Energy

A new study released by the Minnesota Office of Energy Security shows that the state's power grid could accomodate 600 megawatts of new renewable energy capacity by making upgrades to electric transmission systems. A previous study had shown that another 600 MW could be added to the existing tranmission grid without impacting it's performance.

Seed Grants Available for Community Wind Projects in Minnesota

The Minnesota Clean Energy Resource Teams (CERTs) is providing financial assistance for energy efficiency and/or renewable energy projects requiring technical assistance.

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