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Article: United States : Federal loan to fund Wilmington solar power project.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: deepak03
The city of Wilmington is receiving a low- or-no-interest loan from the federal government to undertake a project that will use solar energy to power the municipal complex on Wilmington Avenue.
The Department of the Treasury this week announced a nationwide total of $2.2 billion in Clean Renewable Energy Bonds, which provide lower cost financing for green projects. The awards included $2.7 million for the city, the only recipient of the low-cost financing in Delaware.
There were 805 recipients nationwide, including government agencies, public power providers and electric cooperatives.
John Rago, the city of ...