REAP Grants to Fund Energy Audits and Assistance for Farms and Rural Businesses

The United States Department of Agriculture (USDA) plans to make some $2.4 million in grant funds available to state, tribal and local government, land-grant colleges or universities, rural electric cooperatives, and public power entities to help farmers and rural businesses cut energy waste and develop clean energy production.

With talk of wind as an alternative energy source for south-central Kansas, a wind energy summit is being planned for area producers, wind energy enthusiasts, landowners, county commissioners, city commissioners and other interested parties.

Steve Errebo, Lincoln County Commissioner, will give an overview of an entire completed wind farm project.

This three-day conference will focus on:

* current debt and tax credit equity structures for wind financing, providing a solid understanding of how deals come together;
* up-to-date information on pending legislation and current federal and state policies for wind energy;

Windustry's own Lisa Daniels and Rebecca Pilcher-Cleland were two of the speakers for this webinar aimed at people interested in Community Wind in the Mid-Atlantic and Southeastern states.

Also presenting were representatives of the Hull Wind project in Hull, MA.

3RD ANNUAL RENEWABLE ENERGY FINANCE & INVESTMENT SUMMIT
Exploring Key Deals & Developments in the Renewable Fuel & Renewable Power Markets

IRS bulletin 2007-45 (skip to page 967) provides a summary of IRS Rev Proc 2007-65 which establishes a safe harbor for the allocation of tax credits for wind projects that use a flip business structure.

February 19-20; Austin Convention Center; Austin, TX

Wind power is on a 25% annual growth curve. Looming carbon caps will pressure munis and IOU’s to add wind to their power supply. The capital is flowing. And FERC is actively addressing transmission access; soon the grid will be able to absorb much larger volumes of wind-generated power.