Alternative and Clean Energy Program

The Alternative and Clean Energy Program provides grants, loan guarantees, and loan funds for the construction of alternative and clean energy projects in the state. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, and political subdivisions. Eligible energy projects include those defined in the “Alternative Energy Portfolio Standards Act of 2004”. However, this specific bill notes that funds cannot be used for solar PV or solar thermal technologies. Specifics on the maximum levels of funding can be found in the “guidelines” document.