New $14.5M Funding Opportunity Opens for Applications
The program is the second released in the last 48 hours related to water power.
Announcement Type: Funding Opportunity Announcement (the program is now open for applications)
Opportunity: Water Power Projects: Innovative Technologies to Enable Low Impact Hydropower and Pumped Storage Hydropower Growth
Overview and Eligible Uses: To fund innovative solutions to retrofit non-powered dams with environmentally sustainable hydropower at a reasonable cost. Projects may also address development and testing technologies that mitigate challenges to pumped storage hydropower deployment, including market and revenue uncertainty, development costs and financing, long development timelines, permitting challenges, construction risks, and environmental impacts. Applications may also address and encourage emerging organizations to support hydropower development.
Amount: $14.5M
Award Type: Competitive grant
Eligible Applicants: A broad array of applicants are eligible, including state, local, and tribal governments, for-profit and nonprofit institutions, and
Key Dates: Concept papers are due December 1, 2022. Full Applications are due March 5, 2023.
Key Links: