July 17

Biden Administration Opens up $20 Billion ‘Green Bank’ for Clean Energy Projects Focused On Disadvantaged Communities

The Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.

Two programs, worth $14 billion and $6 billion, respectively, will offer competitive grants to states, tribes and nonprofits to invest in clean energy projects, with a focus on disadvantaged communities, the White House says.

Photo courtesy of andreas160578.

Source: Fortune (link opens in a new window)

Energy, Finance, Technology
accelerators, electric vehicles, renewable energy