Ohio Issues $5 Million In Grants To Encourage New Wind Projects

NAW Staff, Friday 09 February 2007 - 10:58:38

Ohio Gov. Ted Strickland and Lt. Gov. Lee Fisher, director of the Ohio Department of Development, have made $5 million in grants available for the Ohio Wind Production and Manufacturing Incentive.

Eligible applicants for this grant program include large, utility-scale wind projects (producing over 5 MW of electricity). Once a project is approved, the production incentive will be paid at a rate of $0.01 per kWh generated. An additional incentive of $0.02 per kWh generated will be available to projects that utilize Ohio-manufactured wind turbines.

"The Ohio Wind Production and Manufacturing Incentives will boost Ohio's development of next-generation energy sources and create tremendous economic opportunities for Ohioans," says Fisher.

The program is made possible with funds collected through the Advanced Energy Fund. To be eligible for wind energy production incentives, projects must begin commercial operation on or before Dec. 31, 2008, the officials add.

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