US Gov’t Awards $500M For Clean Energy Projects

Sep 4 2009 | 10:03am ET

U.S. Treasury Secretary Tim Geithner and Energy Secretary Steven Chu this week announced awards worth $502 million for clean energy projects in a first round of funding from the American Recovery and Reinvestment Act.

Wind was the big winner, accounting for 10 of the 12 programs to win funding. Additional winners will be announced in the coming weeks. All told, the government is expected to provide over $3 billion to clean energy projects as part of the Recovery Act.


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