U.S. Department of Energy Announces $7.3 Million Grants for Small Manufacturers To Boost Energy Efficiency and Reduce Emissions
The U.S. Department of Energy has moved $7.3 million through the Industrial Assessment Center’s Implementation Grants program which will help aid 37 small and medium size manufactures nationwide.
According to SolarQuarter, these grants are designed to facilitate facility improvements that enhance energy efficiency, lower costs, and reduce environmental impact, thereby bolstering the domestic manufacturing sector.
Administered by DOE’s Manufacturing and Energy Supply Chains Office (MESC) and supported by the Bipartisan Infrastructure Law, the IAC Implementation Grants program empowers SMMs to implement recommendations from energy assessments conducted by DOE and other qualified entities.
Each grant, providing up to $300,000 per manufacturer per funding round, is expected to collectively abate approximately 17,000 tons of carbon dioxide emissions annually—equivalent to the annual emissions of 70 small businesses.