The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $134,950.00 Rural Energy for America Program (REAP) Project Grant to JDS Holdings, LLC, a for-profit organization based in Hampden, Maine. The grant, awarded on September 23, 2024, will support the development of a renewable energy system (RES) project over a two-year performance period ending on September 23, 2026. The REAP program provides grants and loan guarantees to agricultural producers and rural small businesses to promote energy efficiency improvements and renewable energy systems, such as solar panels, wind turbines, and geothermal systems. This award to JDS Holdings, LLC will contribute up to 25% of the total project costs to implement a renewable energy solution, helping the company reduce energy costs and expand the use of clean energy technology.
Generated 3/4/25, 8:50 AM