The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $432,500 Project Grant under the Rural Energy for America Program (CFDA 10.868) to Foundation Energy Fund Vii-A, L.P. on December 21, 2023. The grant will fund the installation of renewable energy systems, such as solar panels, wind turbines, or geothermal systems, as well as energy efficiency improvements, including upgrades to lighting, HVAC, and building insulation, for agricultural producers and rural small businesses. The project has a performance period of 2 years, with a completion date of December 21, 2025. The REAP program aims to reduce energy costs and consumption while expanding the use of renewable energy sources in rural communities across the United States.
Generated 8/13/24, 5:31 AM