Cannon gets grants

The Cannon Power Group received $19.4 million in federal renewable energy grants earlier this month to spur construction of its plan for a wind energy farm in Washington State, energy from which would be provided to California municipalities.

Cannon is located in Carmel Valley and is expected to get another $150 million in federal renewable energy grants over the next few months to complete the project. These funds are part of a program in the American Recovery and Reinvestment Act to encourage renewable energy projects like this.

The act allows developers of alternative energy projects to apply for a grant totaling up to 30 percent of the costs of the project.

Windy Point/Windy Flats is expected to produce enough clean energy for more than 250,000 households per year. The power is being purchased by the Southern California Public Power Authority (SCPPA) under a pre-payment of a 20-year block of power. The SCPPA will also receive an option to purchase the entire project after five years.

Related posts:

1. Cannon wind project progresses
2. Green energy is back
3. UCSD granted $11M for fuel cell system
4. Community colleges get funds for green job training
5. Supervisors call for solar buy-back incentive

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Posted by on Nov 26, 2009. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry