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Investments announced to study renewable energy


January 24, 2011  by USDA

January 20, 2011,
Washington, DC – Agriculture Secretary Tom Vilsack recently announced that USDA
Rural Development has selected for funding 68 study grants nationwide to
determine the feasibility of renewable energy projects.

January 20, 2011,
Washington, DC – Agriculture Secretary Tom Vilsack recently announced that USDA
Rural Development
has selected for funding 68 study grants nationwide to
determine the feasibility of renewable energy projects.

Studies will be funded in
27 states and the Western Pacific. Funding is made available through the Rural
Energy for America Program
under the 2008 Farm Bill.

“The projects
announced will provide rural small businesses and agricultural producers the
opportunity to conduct feasibility studies for renewable energy system installations," said Vilsack.
"These investments will not only help our farmers and small businesses reduce
energy costs, but also help find renewable alternatives to generate energy.

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REAP loan guarantees and
grants can be used for renewable energy systems, energy efficiency
improvements, feasibility studies and energy audits. More information on the
REAP program, which was authorized under the 2008 Farm Bill, is at:
http://www.rurdev.usda.gov/BCP_ReapGrants.html.

Funding of each recipient
is contingent upon the recipient meeting the conditions for the grant.

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