7.21.09: PA recieves $40M for energy efficiency projects

Pennsylvania will be recieving about $40 million from the federal stimulus to increase renewable energy uses, create and retain jobs, prioritize energy savings and reduce greenhouse gas emissions. reports the Central Penn Business Journal.  The State has already recieved about 10% of its stimulus funds for energy projects and is expected to recieve another $50 million in the future.

Pennsylvania will offer grants to businesses, nonprofits, universities, local governments and utilities to begin environmentally sustainable and economically viable energy projects across the state.

The state also will continue to fund advanced energy projects, tailoring programs to economic sectors. It also will establish a revolving-loan fund to provide financing for clean-energy and energy-efficient facility construction, renovations and technology development.