Businesses Seeking to Invest In Renewable Energy

[Athan Barkoukis]

For all those businesses in Ohio interested in investing in a renewable energy project, see information below. This is the next round of RFP's issued by ODOD for federal stimulus funded projects. I'm curious how the first round of projects went - any members on this site have a project installed with stimulus funds? How'd it go?

COLUMBUS — The Ohio Department of Development is requesting proposals from companies with ideas for alternative-energy projects that could qualify for federal economic stimulus funding.

The program, called “Deploying Renewable Energy: Transforming Waste to Value,” invites proposals that will create jobs through projects that can generate electricity or heat from solid waste, farm waste, or other biomass.

Awards will be competitively selected and could range between $500,000 and $1 million, state officials said. Eligible projects must be located within Ohio, be completed within a year and require a matching investment of at least 25 percent of the project’s total cost.

A bidders’ conference is scheduled Monday, July 19, in Columbus from 10 a.m. to noon. Companies or individuals must submit a one-page project summary no later than 3 p.m. on Monday, Aug. 16, to http://recovery.ohio.gov/opportunities/state.