(AGENPARL) - Roma, 4 Aprile 2024 - (AGENPARL) – gio 04 aprile 2024 Issued: Apr 4, 2024 (5:50am EDT)
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Biden-Harris Administration announces $20 Billion in grants to mobilize
private capital and deliver clean energy and climate solutions to communities
across America
EPA announces eight selections under the Greenhouse Gas Reduction Fund’s
National Clean Investment Fund and Clean Communities Investment Accelerator
through President Biden’s Investing in America agenda
WASHINGTON – Today, April 4, the U.S. Environmental Protection Agency
announced its selections for $20 billion in grant awards under two
competitions within the historic $27 billion Greenhouse Gas Reduction Fund
(GGRF), which was created under the Inflation Reduction Act as part of
President Biden’s Investing in America agenda. The three selections under
the $14 billion National Clean Investment Fund and five selections under the
$6 billion Clean Communities Investment Accelerator will create a national
clean financing network for clean energy and climate solutions across sectors,
ensuring communities have access to the capital they need to participate in
and benefit from a cleaner, more sustainable economy. By financing tens of
thousands of projects, this national clean financing network will mobilize
private capital to reduce climate and air pollution while also reducing energy
costs, improving public health, and creating good-paying clean energy jobs in
communities across the country, especially in low-income and disadvantaged
communities.
Vice President Kamala Harris and EPA Administrator Michael S. Regan will
announce the selections under these two grant competitions in Charlotte, North
Carolina. While in Charlotte, the Vice President and Administrator will meet
with a homeowner in a historically Black community, where a local nonprofit,
Self-Help, worked with community partners to finance, renovate, and construct
energy-efficient, affordable homes for low- and moderate-income families.
Thanks to that partnership, this first-time homeowner pays significantly lower
energy bills and has a healthy and comfortable place to raise his family. The
selections the Vice President is announcing will ensure more families can
experience those same benefits. In fact, one of the selections being announced
today will allow Self-Help and its partners as part of the Climate United
Fund’s application to deliver similar home efficiency projects to over
30,000 homes across the country.
Collectively, the selected applicants have committed to driving significant
impact toward the program’s objectives. They will reduce or avoid up to 40
million metric tons of climate pollution per year, making a significant
contribution to the Biden-Harris Administration’s climate goals. They will
mobilize almost $7 of private capital for every $1 of federal funds, ensuring
that each public dollar is leveraged for significant private-sector
investment. And they will dedicate over $14 billion of capital—over 70% of
the selections for awards announced today—toward low-income and
disadvantaged communities, making the Greenhouse Gas Reduction Fund the single
largest non-tax investment within the Inflation Reduction Act to build a clean
energy economy while benefiting communities historically left behind.
To date, the eight selected applicants have supported thousands of
individuals, businesses, and community organizations to access capital for
climate and clean energy projects. With their awards, selectees will unleash
tens of thousands of more projects like these across the country for decades
to come:
When her water heater died, Mildred Carter in DeSoto, Georgia could not
immediately afford to replace it. With the support of Power Forward
Communities coalition member Rewiring America, Mildred was enrolled in a
whole-town demonstration program that would combine Georgia Power incentives
of up to $5,000 with philanthropic support for energy efficiency upgrades in
her home. Her brand-new heat pump water heater was installed on December 23,
just in time for the holidays.
The National Trust Community Investment Corporation, Appalachian Community
Capital’s partner, recently led the charge on a $5.7 million sustainable
rehabilitation of the historic National Guard Armory building located in one
of Owosso, Michigan’s underserved communities. Alongside the Shiawassee
Chamber of Commerce, the organization helped transform the space into an
incubator for Owosso’s small businesses and local nonprofits complete with
high-efficiency, all-electric heating and ENERGY STAR certified appliances.
Opportunity Finance Network member Solar and Energy Loan Fund (SELF) operates
in Florida, which has experienced some of the most disastrous effects of the
climate crisis. SELF, a U.S.-Treasury certified Community Development
Financial Institution (CDFI), recently partnered with Miami-Dade County’s
Office of Resilience to invest in solar power, window and roof upgrades, and
aging-in-place upgrades—including the installation of solar panels and
battery backup systems for Gibson Plaza, a 65-unit affordable senior housing
project. These investments have helped the community reduce energy costs while
also building resiliency, ensuring residents can stay in their homes and
remain protected against future climate impacts.
“When President Biden and I made the largest investment in our nation’s
history to address the climate crisis and to build a clean energy economy, we
made sure that every community would be able to participate and benefit,”
said Vice President Kamala Harris. “The grantees announced today will help
ensure that families, small businesses, and community leaders have access to
the capital they need to make climate and clean energy projects a reality in
their neighborhoods.”
“President Biden and Vice President Harris have put communities at the
center of their Investing in America agenda. Today, we’re putting an
unprecedented $20 billion to work in communities that for too long have been
shut out of resources to lower costs and benefit from clean technology
solutions,” said EPA Administrator Michael S. Regan. “The selectees
announced today will deliver transformational investments for American
communities, businesses, and families and unleash tens of thousands of clean
technology projects like putting solar on small businesses, electrifying
affordable housing, providing EV loans for young families, and countless
others. That translates to good-paying jobs, energy bill savings, and cleaner
air, all while delivering on President Biden’s historic agenda to combat
climate change.”
“The Greenhouse Gas Reduction Fund is a win-win-win-win program,” said EPA
New England Regional Administrator David W. Cash. “Through this program, the
Biden-Harris Administration is not just helping Americans tackle the climate
crisis, advance environmental justice, reduce pollution, and create
good-paying jobs. But we’re also increasing access to capital in every
community, including disadvantaged communities, while deploying clean energy
and climate solutions across the country in ways that are driven by the
community. This is what it means to Invest in America.”
“So many families face the same challenges: something breaks, you can’t
afford to replace it, and the short-term solution is really no solution at
all,” said homeowner Mildred Carter of DeSoto, Georgia. “I’m grateful
for the help I got to install a brand-new heat pump water heater that provides
me all the hot water I need while saving energy and money. And I’m grateful
that there’s now going to be more options for families that will make these
new appliances affordable and bring the benefits to them too.”
Together, the eight selected applicants have committed to delivering on the
three objectives of the Greenhouse Gas Reduction Fund: reducing climate and
air pollution; delivering benefits to communities, especially low-income and
disadvantaged communities; and mobilizing financing and private capital. As
part of this collective effort, selected applicants have committed to:
Fund projects that will reduce or avoid greenhouse gas emissions by up to 40
million metric tons of CO2 equivalent per year—equivalent to the emissions
of nearly 9 million typical passenger vehicles—making a significant
contribution to the President’s climate goals of reducing emissions 50 to 52
percent below 2005 levels in 2030 and achieving net-zero emissions by no later
than 2050.
Dedicate over $14 billion toward low-income and disadvantaged communities,
including over $4 billion for rural communities as well as almost $1.5 billion
for Tribal communities—ensuring that program benefits flow to the
communities most in need and advance the President’s Justice40
Initiative.
Achieve a private capital mobilization ratio of nearly 7 times, with every
dollar in grant funds leveraged for almost seven dollars in private funds over
the next seven years—turning $20 billion of public funds into $150 billion
of public and private investment to maximize the impact of public funds.
These commitments have been taken or derived from the application packages
that selected applicants submitted to EPA and adjusted for the amount of
funding received. Moving forward, EPA will work with selected applicants to
revise their application packages into workplans that reflect formal
commitments through the award agreements. Read what the eight selected
applicants have committed to deliver on in their application packages.
“After more than a decade of hard work, our vision to create a national
climate bank is a reality. Thanks to the $20 billion we secured in the
Inflation Reduction Act, the Greenhouse Gas Reduction Fund will draw on the
experience of public, semi-public, and non-profit community leaders to unleash
tens of billions of dollars to deliver more than money, but also justice, to
disadvantaged communities. As the single largest climate investment in the
Inflation Reduction Act, the Greenhouse Gas Reduction Fund will cut emissions,
protect health, and create job and economic opportunities so that communities
won’t just survive but thrive for generations to come. Even more than money,
the Greenhouse Gas Reduction Fund is delivering hope – hope for justice and
for a livable future. I applaud the Environmental Protection Agency’s work
to quickly stand up this critical program while ensuring transparency and
collaboration,” said U.S. Senator Edward J. Markey, Chair, Senate EPW
Subcommittee on Clean Air, Climate, and Nuclear Safety, and co-author of the
National Climate Bank Act.
“Fifteen years ago, we laid out our vision for a national climate bank that
would bolster our efforts to combat global warming by accelerating investment
in clean energy. We turned that vision into reality by establishing the
Greenhouse Gas Reduction Fund through the Inflation Reduction Act – and
today’s deployment of $20 billion from that Fund is a pivotal moment in
America’s fight to confront the climate crisis while driving inclusive
economic growth. These funds will serve as a catalyst for private investment
in job-creating projects to cut carbon emissions, spur clean energy
innovation, and advance environmental justice in underserved communities that
have borne the brunt of climate change. Today’s investments are just the
beginning – they will be multiplied seven times over to turbocharge our
transition to a clean energy economy,” said U.S. Senator Chris Van Hollen,
who first introduced legislation to create a national green bank in 2009 when
he was a member of the U.S. House of Representatives.
“These awards are making clean energy financing accessible to low-income and
underserved communities that have for far too long carried the brunt of
environmental pollution, helping us attack the climate crisis head on and
creating jobs while lowering energy costs. These investments will fund
projects that otherwise would not have been possible, and will mobilize nearly
seven times as much in private capital. I’m proud to have helped author and
pass the Greenhouse Gas Reduction Fund and look forward to continuing to
invest in the most impactful and urgent projects to reach our climate and
environmental justice goals,” said Congresswoman Debbie Dingell (MI-06).
Selected Applicant Information
The eight selected applicants across the National Clean Investment Fund and
Clean Communities Investment Accelerator will create a first-of-its- national
clean financing network that will finance climate and clean energy projects,
especially in low-income and disadvantaged communities.
National Clean Investment Fund (NCIF) Selectees
Under the $14 billion National Clean Investment Fund, the three selected
applicants will establish national clean financing institutions that deliver
accessible, affordable financing for clean technology projects nationwide,
partnering with private-sector investors, developers, community organizations,
and others to deploy projects, mobilize private capital at scale, and enable
millions of Americans to benefit from the program through energy bill savings,
cleaner air, job creation, and more. Additional details on each of the three
selected applicants, including the narrative proposals that were submitted to
EPA as part of the application process, can be found on EPA’s Greenhouse Gas
Reduction Fund NCIF website.
All three selected applicants surpassed the program requirement of dedicating
a minimum of 40% of capital to low-income and disadvantaged communities. The
three selected applicants are:
Climate United Fund ($6.97 billion award), a nonprofit formed by Calvert
Impact to partner with two U.S. Treasury-certified Community Development
Financial Institutions (CDFIs), Self-Help Ventures Fund and Community
Preservation Corporation. Together, these three nonprofit financial
institutions bring a decades-long track record of successfully raising and
deploying $30 billion in capital with a focus on low-income and disadvantaged
communities. Climate United Fund’s program will focus on investing in
harder-to-reach market segments like consumers, small businesses, small farms,
community facilities, and schools—with at least 60% of its investments in
low-income and disadvantaged communities, 20% in rural communities, and 10% in
Tribal communities.
Coalition for Green Capital ($5 billion award), a nonprofit with almost 15
years of experience helping establish and work with dozens of state, local,
and nonprofit green banks that have already catalyzed $20 billion into
qualified projects—and that have a pipeline of $30 billion of demand for
green bank capital that could be coupled with more than twice that in private
investment. The Coalition for Green Capital’s program will have particular
emphasis on public-private investing and will leverage the existing and
growing national network of green banks as a key distribution channel for
investment—with at least 50% of investments in low-income and disadvantaged
communities.
Power Forward Communities ($2 billion award), a nonprofit coalition formed by
five of the country’s most trusted housing, climate, and community
investment groups that is dedicated to decarbonizing and transforming American
housing to save homeowners and renters money, reinvest in communities, and
tackle the climate crisis. The coalition members—Enterprise Community
Partners, LISC (Local Initiatives Support Corporation), Rewiring America,
Habitat for Humanity, and United Way—will draw on their decades of
experience, which includes deploying over $100 billion in community-based
initiatives and investments, to build and lead a national financing program
providing customized and affordable solutions for single-family and
multi-family housing owners and developers—with at least 75% of investments
in low-income and disadvantaged communities.
Clean Communities Investment Accelerator (CCIA) Selectees
Under the $6 billion Clean Communities Investment Accelerator, the five
selected applicants will establish hubs that provide funding and technical
assistance to community lenders working in low-income and disadvantaged
communities, providing an immediate pathway to deploy projects in those
communities while also building capacity of hundreds of community lenders to
finance projects for years. Each of the selectees will provide capitalization
funding (typically up to $10 million per community lender), technical
assistance subawards (typically up to $1 million per community lender), and
technical assistance services so that community lenders can provide financial
assistance to deploy distributed energy, net-zero buildings, and
zero-emissions transportation projects where they are needed most. 100% of
capital under the CCIA is dedicated to low-income and disadvantaged
communities. Additional details on each of the five selected applicants,
including the narrative proposals that were submitted to EPA as part of the
application process, can be found on EPA’s Greenhouse Gas Reduction Fund
CCIA website.
The five selected applicants are:
Opportunity Finance Network ($2.29 billion award), a ~40-year-old nonprofit
CDFI Intermediary that provides capital and capacity building for a national
network of 400+ community lenders—predominantly U.S. Treasury-certified CDFI
Loan Funds—which collectively hold $42 billion in assets and serve all 50
states, the District of Columbia, and several U.S. territories.
Inclusiv ($1.87 billion award), a ~50-year-old nonprofit CDFI Intermediary
that provides capital and capacity building for a national network of 900+
mission-driven, regulated credit unions—which include CDFIs and financial
cooperativas in Puerto Rico—that collectively manage $330 billion in assets
and serve 23 million individuals across the country.
Justice Climate Fund ($940 million award), a purpose-built nonprofit supported
by an existing ecosystem of coalition members, a national network of more than
1,200 community lenders, and ImpactAssets—an experienced nonprofit with $3
billion under management—to provide responsible, clean energy-focused
capital and capacity building to community lenders across the country.
Appalachian Community Capital ($500 million award), a nonprofit CDFI with a
decade of experience working with community lenders in Appalachian
communities, which is launching the Green Bank for Rural America to deliver
clean capital and capacity building assistance to hundreds of community
lenders working in coal, energy, underserved rural, and Tribal communities
across the United States.
Native CDFI Network ($400 million award), a nonprofit that serves as national
voice and advocate for the 60+ U.S. Treasury-certified Native CDFIs, which
have a presence in 27 states across rural reservation communities as well as
urban communities and have a mission to address capital access challenges in
Native communities.
Review and Selection Process Information
The eight applicants were selected through a robust process to review and
select applications for each of the two competitions. The multi-staged review
and selection process included dozens of federal employees—all screened
through ethics and conflict of interest checks as well as trained on the
program requirements and evaluation criteria—participating in the review and
scoring of the selected applications through expert review panels; interviews
with senior officials; and recommendations from an expert, interagency senior
review team. Additional details on the review and selection process can be
found on EPA’s Greenhouse Gas Reduction Fund NCIF and CCIA selection process
website.
EPA anticipates that awards to the selected applicants will be finalized by
July 2024 and that projects will be funded by the selected applicants and
their partners shortly thereafter. Note that all of the selections are
contingent on the resolution of all administrative disputes related to the
competitions. Review frequently asked questions about the selection
announcement, including the awards process.
Informational Webinars
EPA will host informational webinars as part of the program’s commitment to
public transparency. EPA has scheduled webinars for each of the two programs,
with additional webinars to be announced on EPA’s GGRF webpage. The details
for the scheduled webinars are included below. The webinars will be recorded
and posted on EPA’s GGRF webpage.
National Clean Investment Fund webinar: Wednesday, April 10, 2024, 1:00pm –
1:30pm ET. Join the April 10 meeting
Clean Communities Investment Accelerator webinar: Thursday, April 11, 2024,
1:00pm – 1:30pm ET. Join the April 11 meeting
Additional information can be found on EPA’s GGRF webpage.
Here’s what they are saying about the Greenhouse Gas Reduction Fund:
“We are honored to be one of the awardees under the National Clean
Investment Fund and are grateful to the congressional champions, the
Biden-Harris Administration, and the EPA for bringing this historic program to
life,” said Beth Bafford, CEO, Climate United. “The Greenhouse Gas Reduction
Fund presents a once-in-a-lifetime opportunity to tackle the climate crisis
while building a stronger economy for all Americans. An equitable energy
transition is the challenge of our time, and we’re ready to get to
work.”
“The EPA’s awards of $20 billion from the Greenhouse Gas Reduction Fund
jumpstart the next step in American green banking,” said Coalition for Green
Capital Chief Executive Officer, Reed Hundt. “In 2009 Congressmen Chris Van
Hollen of Maryland and Ed Markey of Massachusetts obtained bipartisan support
for capitalizing a public investing institution to partner with private
investors in expediting the construction of the clean power platform that must
be the foundation of American dynamism in this century. They battled for this
legislation in every Congress since that date. As Senators, they and
Congresswoman Debbie Dingell of Michigan successfully included this idea in
the Inflation Reduction Act. The Coalition for Green Capital is now honored to
be one of the recipients of that public capital. Investing in projects from
our $30 billion pipeline and working with all community lenders, we and other
award winners will prove that public-private investment delivers cheap, clean
power fast to low-income and disadvantaged communities, and indeed everywhere
in our great country.”
“The Inflation Reduction Act provided the single largest investment in
climate solutions in U.S. history, including much-needed capital to improve
American homes and serve low-income and disadvantaged communities,” said Tim
Mayopoulos, CEO of Power Forward Communities and former CEO of Fannie Mae, the
nation’s leading source of housing finance. “This initial funding can
unlock billions of dollars of additional private capital to make the housing
sector a key contributor to meeting our climate goals—and make the climate
imperative a new driver of affordable and healthy housing solutions.”
“OFN is thrilled to partner with the EPA to finance the clean energy
transition and drive opportunity in communities across the country by
supporting mission-driven community lenders through the GGRF,” said
Opportunity Finance Network President and CEO Harold Pettigrew. “As the
nation’s leading investment intermediary and network of community lenders
serving rural, urban, and Native low-income and disadvantaged communities, we
are clear that now is the time to act on climate change and community
development finance is an integral part of the solution. OFN, our network, and
the CDFI industry are made for this moment, and we look forward to working
with partners to deliver impact.”
“Inclusiv is honored to be selected for the EPA’s Clean Communities
Investment Accelerator (CCIA),” said Cathie Mahon, President and CEO,
Inclusiv. “The award offers the opportunity to build more equitable
environmental, energy and financial systems in this country. We are thrilled
that CCIA will enable us to direct grants and assistance to a network of
high-impact, community-owned and governed credit unions and cooperativas with
deep roots in low-income and disadvantaged communities. Our approach scales
lending that will decarbonize communities and enable consumers, households and
businesses to benefit from greater energy efficiency, resilience and financial
security.”
“Our community lenders are the boots on the ground serving hard-working
American families and communities too often excluded from the innovation
economy that defines our country. We advance green lending, capacity and
capital in low-income and disadvantaged communities, allowing the most
impacted to lead change for all of us,” said Douglass Sims, Justice Climate
Fund Interim Chief Executive Officer. “JCF thanks the Biden Administration
and the EPA for recognizing JCF’s transformational role in advancing the
Greenhouse Gas Reduction Fund’s mission. We are honored to have been
selected for the Clean Communities Investment Accelerator program.”
“The Green Bank for Rural America is a place-based effort that will be a hub
for investment and technical assistance to community lenders, local leaders,
and workforce development partners across the United States,” said Donna
Gambrell, Appalachian Community Capital’s President and CEO. “We are
grateful to EPA for this recognition. We want to ensure that no communities
are left behind and that low-income and disadvantaged communities in
Appalachia and other parts of this country benefit from efforts that will
result in healthy communities for generations to come.”
“With profound gratitude, I am honored that the Native CDFI Network has been
selected to receive the historic CCIA award as part of the Greenhouse Gas
Reduction Fund, marking a significant milestone in our collective efforts to
combat climate change and promote environmental justice to our Native
communities. The vast majority of Native CDFIs and other experienced lenders
serving Native communities came together as one to seize this landmark
opportunity to transform the health and resilience of the places our people
call home,” said Pete Upton, Native CDFI Network CEO. “The CCIA and other
EPA Greenhouse Gas Reduction Fund programs provide a level of funding for
clean energy projects in low-income and disadvantaged communities that we are
unlikely to see again in our lifetimes. The Native CDFI Network has spent
months methodically developing a thoughtful and comprehensive national plan to
maximize the environmental, social, economic, and cultural benefits of Indian
Country’s fair share of CCIA funding. Our coalition stands ready to deliver
on that plan.”
“EPA’s Greenhouse Gas Reduction Fund will democratize financing for clean
energy and climate solutions in every pocket of the country while lowering
energy costs for families and creating good-paying jobs,” said John Podesta,
Senior Advisor to the President for International Climate Policy. “Today’s
announcement delivers the benefits of climate and clean energy investments to
communities that have historically borne the brunt of pollution.”
“Today’s announcement is a game changer. I’m pleased to see that a
significant portion of these funds will invest in housing that is
energy-efficient and climate resilient,” said U.S. Department of Housing and
Urban Development Acting Secretary Adrianne Todman. “HUD is very thankful
for our very close partnership with EPA over the past year to ensure that the
Greenhouse Gas Reduction Fund includes these essential investments.”
“President Biden’s Investing in America agenda has equity as its North
Star, centering on communities too often left out of the conversation. Now,
through the historic Greenhouse Gas Reduction Fund, communities across the
country can take full control of their clean energy future leveraging federal
and private funding for tried and true solutions that will strengthen their
energy resilience, slash costs for their residents and revitalize their local
economies,” said U.S. Energy Secretary Jennifer M. Granholm.
“The investments Democrats made are paying off for the American people.”
said Senate Majority Leader Chuck Schumer. “By providing $20 billion that
will flow to tens of thousands of green and climate friendly projects across
the country, today’s historic announcement, made possible by our Inflation
Reduction Act, is ushering in the clean energy revolution. I am especially
proud that EPA has secured commitments from today’s awardees that over 70
percent of the capital – over $14 billion – will go to low-income and
disadvantaged communities. These investments mean cleaner communities, lower
energy costs, and jobs, jobs, jobs. I’m proud of this bold investment in
communities across America and New York and confident today’s announcement
will have positive reverberations for generations to come.”
“Working with President Biden, House Democrats passed the Inflation
Reduction Act to strike a dramatic blow against the climate crisis, set our
planet on a sustainable trajectory forward and stand up a clean energy
economy. It was the largest federal climate investment in the history of the
nation. I thank President Biden, Vice President Harris and EPA Administrator
Regan for this historic $20 billion investment to help advance clean
technology across America,” said House Democratic Leader Hakeem Jeffries.
“Every American should benefit from the investments we make to fight climate
change, no matter their zip code,” said U.S. Senator Carper, Chairman of the
Senate Environment and Public Works Committee. “That’s why we created the
Greenhouse Gas Reduction Fund in the Inflation Reduction Act — to ensure
that these unprecedented climate and clean energy investments would especially
benefit often overlooked communities, those with the greatest need. I am
thrilled to see the Biden Administration swiftly implementing this critical
program, which will help to lower energy costs for everyone and create
good-paying jobs across the nation. Congratulations to each of the eight
recipients who will bring us one step closer to a clean energy future.”
“Today’s announcement is historic. The Greenhouse Gas Reduction Fund is a
first-of-its-kind program that will save Americans money on their utility
bills, create hundreds of thousands of new good-paying jobs, and protect our
communities from the worst impacts of catastrophic climate change. This is
what investing in the American people looks like and it is an absolute
game-changer for our fight against the climate crisis,” said Congressman
Frank Pallone, Jr., Ranking Member of the House Energy and Commerce Committee.
“I applaud the Biden Administration for working diligently to ensure that
the program’s funds will reach those who need them most, and I look forward
to the unprecedented climate progress it will help us achieve in the years
ahead.”
Additional Background
The President’s Inflation Reduction Act authorized the EPA to create and
implement the Greenhouse Gas Reduction Fund, a historic $27 billion investment
to combat the climate crisis by mobilizing financing and private capital for
greenhouse gas- and air pollution-reducing projects in communities across the
country. Together, the Greenhouse Gas Reduction Fund’s National Clean
Investment Fund, Clean Communities Investment Accelerator, and Solar for All
programs will finance clean technology deployment nationally, finance clean
technology deployment in low-income and disadvantaged communities while
simultaneously building the capacity of community lenders that serve those
communities, and spur adoption of clean distributed solar energy that lowers
energy bills for millions of Americans in low-income and disadvantaged
communities. EPA expects to announce additional information on the $7 billion
Solar for All competition later this spring. These programs advance President
Biden’s Justice40 Initiative while expanding good-paying job opportunities
in domestic industries.
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