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Commonwealth Financing Authority: $6.5 Million In Alternative, Clean Energy Funding
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The Commonwealth Financing Authority has approved $6.5 million in New Alternative and Clean Energy investments, which will leverage nearly $40 million in private economic investment statewide.
Thirteen projects from 10 counties will receive funding for the utilization, development and construction of alternative and clean energy projects, acting Secretary of the Department of Community and Economic Development C. Alan Walker said.
“The investments made will help consumers, businesses and municipalities lower their energy bills by nearly $127,000 each year,” Walker said. “One of the research and development grants approved April 7 may lead to great strides in renewable energy production and storage.”
Among the grants awarded were three to Clean Green Hydro, LLC for $93,750 for the purchase and installation of three 25kW VFH In-Line Turbines at the following locations:
-- The AMD Reclamation Inc.’s industrial treatment plant in Dunkard Township is at an abandoned mine, where the plant treats the water that fills the mine. Approximately 4 million gallons of water is pumped daily from the mine, treated and discharged. The new turbine will be installed at the discharge point of the wastewater treatment plant and produce 138,000 kWh of electricity annually. The electricity generated will be sold through a power purchase agreement.
-- The Dana Mining Company of Pennsylvania LLC’s 4 West Mine in Dunkard Township treats and discharges 3.5 million gallons of water daily. The new turbine will be installed at the discharge point of the wastewater treatment plant and produce 120,000 kWh of electricity annually. The electricity generated will be sold through a power purchase agreement.
-- Duquesne Light Company’s Warwick Mine Dewatering Plant in Monongahela Township treats and discharges 3.5 million gallons of water daily. The new turbine will be installed at the discharge point of the wastewater treatment plant and produce 120,000 kWh of electricity annually. The electricity generated will be sold through a power purchase agreement.
The Alternative and Clean Energy Program provides financial assistance in the form of grant and loan funds for alternative and clean energy projects in the state. It is administered jointly by the Department of Community and Economic Development and the Department of Environmental Protection, under the direction of the Commonwealth Financing Authority.
A complete list of projects funded is available online.
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4/11/2011 |
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