California Boosts Clean energy

California’s Energy Commission yesterday announced a $90 million investment in clean energy manufacturing.

The Clean Energy Manufacturing Program will provide financing to manufacturers in the form of grants, loans, loan guarantees, tax-exempt financing, production incentives, sales tax incentives and credit enhancements.

Using the state’s remaining American Recovery and Reinvestment Act (ARRA) funds, $30.6 million will be made available for businesses improving or expanding their energy efficiency or renewable energy manufacturing facilities in the state.

A further $59.5 million in state funding will be open for companies developing alternative and renewable fuels and advanced transportation technologies under the Energy Commission’s existing Alternative and Renewable Fuel and Vehicle Technology Program.

The fuel and vehicle programme is focused on four areas – biomethane ($21.5 million), ethanol ($6 million), vehicle and components ($19 million) and advanced biofuels ($13 million).

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