The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $250,000 Rural Energy for America Program (REAP) Project Grant to Red Lion FT Madison Solar LLC on September 14, 2023. The grant will fund the installation of a renewable energy system by the for-profit limited liability company. REAP provides funding to agricultural producers and rural small businesses for renewable energy projects such as solar panels, wind turbines, and energy efficiency improvements. This award aims to reduce energy costs and expand renewable energy use in rural communities across the United States. The grant has a two-year performance period and a target completion date of September 14, 2025.
Generated 8/6/24, 2:00 AM