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Thursday, September 18, 2008

Gov. Doyle announces $7.3 million in clean energy funding

From a media release issued by Governor Doyle:

MILWAUKEE – Governor Jim Doyle today announced $7.3 million in grants and loans from the Wisconsin Energy Independence Fund (WEIF) for research and development and commercialization or adoption of new technologies. These awards will leverage $44.2 million in investments and create new jobs for Wisconsin families on farms, in forests, in research labs and for manufacturers.

“From manufacturing wind turbines and solar panels to retro-fitting fuel pumps and exploring the latest clean technologies, our future lies in seizing green opportunities that will create good jobs for our citizens and add billions of dollars to our economy,” Governor Doyle said. “Today we are awarding more than $7 million in grants and loans to companies that are committed to expanding Wisconsin’s clean energy industry. “

Governor Doyle made the announcement today at Eaton Corporation in Milwaukee. Five Milwaukee-area projects totaling $1,692,000 are receiving funding. Eaton is using $229,000 to develop a power conversion and energy storage system that manages the energy from a renewable source. Eligible applicants for the grants and loans include businesses and researchers. Governor Doyle will announce the remaining statewide grants in the coming days.

The Wisconsin Energy Independence Fund is an integral part of Clean Energy Wisconsin, Governor Doyle’s strategy to strengthen Wisconsin’s energy future. This comprehensive plan moves Wisconsin forward by promoting renewable energy, creating new jobs, increasing energy security and efficiency, and improving the environment. . . .

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