February 17

US Government to Provide US $27 Billion Funding for Green Energy and Solar Projects

The US government has announced plans to enable states and non-profit entities to apply for US$27 billion in funding, financing projects that can help combat climate change.

The Greenhouse Gas Reduction Fund (GGRF) programme is created by the US government’s Inflation Reduction Act. The fund is divided into two parts, with the first one, General and Low-Income Assistance Competition, worth nearly US$20 billion.

Photo courtesy of andreas160578.

Source: PV Tech (link opens in a new window)

Environment, WASH
climate change, development finance, energy access, housing, impact investing, nonprofits, public-private partnerships, solar