Harrisburg, PA – Governor Tom Wolf announced today announced that the Commonwealth Finance Authority’s (CFA) Solar Energy Program will be opening a new grant program and accepting applications for over $30 million in funding to support the advancement of solar energy and community development.
“I am thrilled to announce a new program to help ensure that Pennsylvania is on the cutting edge of clean energy innovation,” said Governor Wolf. “The new Solar Energy Program will continue to advance Pennsylvania’s role as a leader in renewable energy, while supporting the development of our state’s clean energy economy.”
Last year, Governor Wolf announced that the CFA recently reopened the Solar Energy Program (SEP) for applications, offering loan funds to promote the use of solar energy in Pennsylvania. Today, the CFA expanded eligibility in the Solar Energy Program to include grants that can be are used by eligible applicants to promote the generation and use of solar energy and the manufacture or assembly of solar equipment in the commonwealth. Program guidance for the new grant program will be released shortly.
This project approval follows the governor’s announcement yesterday to bolster solar energy in Pennsylvania.
In addition, today, the board approved funding for the installation of a 2.0-megawatt ground-mounted solar array at Mountain View Elementary School in Mercersburg, Franklin County. The solar array project will generate 2.65 million kilowatt hours of electricity annually, meeting more than 50 percent of the elementary school’s demand. Tuscarora School District has the option to purchase the array outright at the end of its 25-year power-purchasing agreement with RER Energy Group. The approved loan amount was $1.1 million.
The board also approved a New Building Pennsylvania project at today’s meeting for the continued renovation of the Hotel Lancaster located at Chestnut and Queen streets. The project will include the full renovation of 140,000 square feet of hotel property into a 221-room, full-service hotel with 15,800 square feet of meeting and banquet space, a full-service restaurant, pool, and fitness center. The project is expected to result in more than $18.7 million in additional economic investment, and the creation or retention of more than 30 jobs. The total approved loan amount was $6.25 million.
For more information about the Solar Energy or New Building Pennsylvania programs, the CFA, or for a list of other CFA-approved projects, visit dced.pa.gov.