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Search resuls for: "Clean Investment Fund"


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WASHINGTON, July 14 (Reuters) - The U.S. Environmental Protection Agency on Friday launched two competitive grant programs with $20 billion in funding that aim to spark clean energy investments across the country especially in low-income communities. A $6 billion Clean Communities Investment Accelerator competition will provide grants to support up to seven nonprofit groups that will deliver funding and technical assistance to build the clean financing capacity of local lenders working in lower income and disadvantaged communities. Not everyone supports the green bank, which stemmed from the IRA legislation's $369 billion in incentives for fighting climate change that no Republicans voted for. In June, the administration launched a $7 billion grant program to give low-income communities access to residential solar panels. The deadline for applying to the programs launched on Friday is Oct. 12.
Persons: Joe Biden's, Kamala Harris, Michael Regan, Gary Palmer, Timothy Gardner, Lincoln, Frances Kerry Organizations: Environmental Protection Agency, Reduction, Clean Investment, Communities Investment, Republicans, U.S, Thomson Locations: Michigan, Maryland
[1/2] Workers lift a solar panel onto a roof during a residential solar installation in Scripps Ranch, San Diego, California, U.S. October 14, 2016. "This historic boost in solar investments will advance millions of residential solar projects nationwide, protect people and the planet, deliver environmental justice," said EPA Administrator Michael Regan. Regan announced the launch of the "Solar for All" grant program in Vermont, where he joined Independent Senator Bernie Sanders to tour a residential solar project. The awards will help communities develop low-income solar programs that will provide financing and technical assistance like workforce development and ensure that low-income households receive the benefits of rooftop solar, including household savings, community ownership and energy resiliency. The program will guarantee a minimum 20% total electricity bill savings for households.
Persons: Mike Blake, Biden, Michael Regan, Regan, Bernie Sanders, Valerie Volcovici, Aurora Ellis Organizations: Workers, Scripps, REUTERS, WASHINGTON, Environmental Protection Agency, Wednesday, Alaska Natives, Reduction, Independent, Clean Investment Fund, Communities Investment, Thomson Locations: Scripps Ranch, San Diego , California, U.S, Americans, Vermont
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