Alternative energy grants may dry up - KWWL - Eastern Iowa Breaking News, Weather, Closings

Alternative energy grants may dry up

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BOISE, IDA. (AP) -- The renewable power industry has gotten a lifeline over the past 18 months with $5.1 billion in federal grants for wind, solar and geothermal projects.

One recent example: GE Energy Financial Services broke ground on a $500 million wind project in southern Idaho. It's a facility General Electric says wouldn't have been possible without the grants that were in the 2009 federal stimulus act.

But they're expiring this year, so GE and others are pushing Congress to keep the money flowing until 2012.

 

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