Maryland launches $200M clean energy program aimed at boosting power supply and lowering electricity costs
Maryland is launching a $200 million program aimed at increasing the state's power supply and helping lower electricity costs for customers Maryland is launching a $200 million clean energy program, Megawatts for Maryland, aimed at increasing the state's power supply and reducing electricity costs. The two-year program will provide grants for new renewable energy generation and energy storage projects across the state, using up to $100 million a year from Maryland's Strategic Energy Investment Fund. Developers will compete for grants to offset the costs of developing and building large-scale renewable energy and battery storage projects. The goal is to add hundreds of megawatts of new power generation, enough to power more than 150,000 Maryland homes each year. Developers have until Nov. 30 to submit preliminary applications, with a Jan. 22, 2027 deadline.
Published : 21 hours ago by Siobhan Garrett in Business Environment
Maryland is launching a $200 million program aimed at increasing the state's power supply and helping lower electricity costs for customers.
Gov. Wes Moore announced Monday the launch of Megawatts fo... [1889 symbols]
Topics: ESG, Environment-ESG, Energy Sector, Oil Sector
