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PA Bulletin, Doc. No. 05-1929

NOTICES

PENNSYLVANIA ENERGY DEVELOPMENT AUTHORITY

Funding Opportunity Available for Clean, Alternative Energy Projects Related to Electric Power

[35 Pa.B. 5745]

   The Pennsylvania Energy Development Authority (Authority) was established to promote applied energy research; to provide financial incentives for the deployment of clean, alternative energy projects in this Commonwealth; and to promote investment in the energy sector of this Commonwealth. The Authority is reopening its April 1, 2005, solicitation seeking applications for innovative, advanced energy research and deployment projects and for businesses interested in locating their advanced energy operations in this Commonwealth. For this round of funding, projects must be related to electric power. The total amount of available funding is $3.5 million. Applicants who previously applied for this solicitation but were not selected are eligible to reapply, and previously selected applicants may apply to modify or expand an existing project.

   For purposes of this financial assistance opportunity, ''alternative energy projects and related research'' refers to deployment projects, manufacturing or research involving the following types of fuels, technologies or measures: solar energy; wind; low-impact hydropower; geothermal; biologically-derived methane gas, including landfill gas; biomass; fuel cells; coal-mine methane; waste coal; integrated gasification combined cycle; and demand management measures, including recycled energy and energy recovery, energy efficiency and load management.

   Under this program, the Authority may award financial assistance in the form of grants or loans of up to $1 million or loan guarantees. Project work on grants must be completed and loans must close no later than June 30, 2006.

   Eligibility differs depending on the type of assistance requested. For grants under this solicitation, the following entities are eligible to apply: corporations, partnerships, associations and other legal business entities; nonprofit corporations; individuals; municipalities of this Commonwealth; and public corporations, authorities or bodies. In the case of applied research grants, the Commonwealth encourages the formation of public and private partnerships among postsecondary and private sector organizations. Applications for applied research grants proposed by a partnership will be given priority over those proposed by a single entity.

   For loans, the following entities are eligible to apply: corporations; partnerships and other legal business entities; municipalities of this Commonwealth; and public corporations, authorities or bodies. Eligibility for loan guarantees is limited to corporations, partnerships and other legal business entities.

   Funding is competitive and will be determined by vote of the Authority's Board of Directors. Guidelines and applications may be viewed and downloaded from the Authority's website at www.dep.state.pa.us, DEP Keyword ''PEDA.'' Applications will be accepted until November 15, 2005.

KATHLEEN A. MCGINTY,   
Chairperson

[Pa.B. Doc. No. 05-1929. Filed for public inspection October 14, 2005, 9:00 a.m.]


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