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| Renewable Energy Fund | |
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| Eligible States | RI |
| Type | Grant, Loan |
| Area of Interest | Renewable Energy |
| Description | The Rhode Island Renewable Energy Fund (RIREF) provides financing options for renewable energy projects that have the potential to make electricity in a cleaner, more sustainable manner and stimulate job growth in the green technology and energy sectors of Rhode Island's economy. Technical and feasibility studies are funded up to $200,000 per year. Business, commercial, and institutional projects are funded up to $250,000 per year. Municipal renewable energy projects are funded up to $500,000 per year. Renewable-energy systems eligible for support include facilities in the New England Power Pool (NEPOOL) control area that generate electricity, both off-grid and on-grid using as fuel "eligible renewable energy resources" pursuant to Rhode Island general law. |
| Eligible Organizations | All |
| How to Apply | Applications for technical feasibility and municipal projects are due in the spring and summer. All other projects are reviewed on a rolling basis. Forms are available on the company's Web site at the link provided below. |
| For More Information | http://www.riedc.com/business-services/renewable-energy  |
| Primary Contact | Jennifer Paolino Rhode Island Economic Development Corporation 315 Iron Horse Way, Suite 101 Providence, RI 02908 (401) 278-9126 jpaolino@riedc.com |
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