The Biomass Energy Grant Program has awarded $10 million for the engineering and design, installation, and commercialization of qualifying biomass or waste-to-energy technologies for 15 biomass and waste-to-energy projects. These grants to commercial, industrial, and institutional entities will support $110 million in private investments statewide. For more information on this program, please visit the Biomass Energy Grant Program.
State Facility Renewable Energy Utilization Program: This initiative, when implemented, is intended to allow Virginia agencies to lead by example and to utilize solar and wind energy at their facilities. Grants will be awarded based on criteria including but not limited to recipient matching share, geographic distribution, energy savings, educational potential and other factors.
Local Government and Public School Renewable Energy Utilization Program: This initiative, when implemented, is intended to allow local government agencies to gain experience and exposure to solar and wind power technologies at their facilities. Projects under this initiative will be ranked with similar criteria to state facilities, with an increased level of emphasis on systems located at schools and coupled with renewable curriculum.
Economic Development Programs: Virginia proposes to use $10 million for economic development programs to develop clean energy business and industry. The Commonwealth plans to allocate this money within three programs that range from traditional business support to innovative equity investment instruments derived from venture capital models. All of these programs are expected to highly leverage federal dollars with investments from non-federal sources. Some programs will also generate program revenue to sustain the infrastructure-building efforts after federal funds no longer are available for this purpose.