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Clean energy projects win $1B in federal funds

Nov 15, 2024
By Farms.com

USDA boosts rural economy with green energy

Secretary Tom Vilsack has unveiled a plan under the Administration, with over $256 million allocated to over 1,100 clean energy and efficiency projects across the US.

This move, part of the Inflation Reduction Act's largest-ever climate investment, underscores a monumental step towards sustainable agricultural practices and enhanced rural infrastructure.

Among the notable projects, IPR Fresh in Arizona plans to power its operations entirely through newly installed solar panels, while Agriventures LLC in Georgia will upgrade its irrigation systems to save costs and conserve resources.

Additionally, in Washington, Hydro Technology Systems Inc. will implement a hydropower retrofit capable of energizing hundreds of homes.

These initiatives not only support the USDA’s objective to lower energy expenses and expand clean energy usage but also contribute significantly to local job creation.

The projects vary from solar and wind farms to biogas and geothermal energy, each tailored to meet the specific needs of the rural communities they serve.

The overarching aim of these investments is to ensure a resilient, equitable, and sustainable future for American agriculture, enhancing productivity and environmental health. This federal support empowers farmers and small business owners to adopt advanced technologies that improve their competitiveness and align with global environmental goals.


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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.