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)
- Categories
- Energy, Finance, Technology
