The U.S. Department of Agriculture's Rural Utilities Service (RUS) awarded a $115,030,549 Project Grant under the New Empowering Rural America (New ERA) Program (CFDA 10.758) to Basin Electric Power Cooperative's Division AVS CO2 Carbon Capture. The grant will fund a range of clean energy initiatives to reduce greenhouse gas emissions and enhance the reliability, resiliency, and affordability of rural electric systems. Key project activities include energy efficiency improvements, renewable energy deployment, zero-emission systems, and carbon capture storage projects. The grant has an award date of January 10, 2025 and a completion date of January 10, 2027. The New ERA Program provides financial support to rural electric cooperatives and other eligible entities through grants, loans, and combined loan-grant packages to modernize their electric infrastructure and transition to lower-emission energy sources.
Generated 3/4/25, 8:48 AM