RI Renewable Energy Development Fund 5-Year Strategic Plan
870-5556 INACTIVE RULE
| Title | 870 | Commerce Corporation |
| Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Part | 5556 | RI Renewable Energy Development Fund 5-Year Strategic Plan |
| Type of Filing | Repeal |
| Regulation Status | Inactive |
| Effective | 01/09/2014 |
Regulation Authority:
RIGL 28-52
Purpose and Reason:
The Rhode Island Renewable Energy Fund Five-Year Strategic Plan (the “Plan”) sets forth the Corporation’s five-year strategy for the Rhode Island Renewable Energy Development Fund (the “Fund”) and related programs mandated by applicable legislation. Specifically, the Corporation explains the immediate plans for the Fund over the next 12 month period- upgraded annually and as appropriate, the way in which applications for funding for renewable energy projects will be received and reviewed, and consider the ways in which the program can develop. The Corporation will use the Fund to encourage economic development in the State, increase the “green workforce”, utilize diverse renewable energy technologies, and increase the integration of and collaboration with interested parties. The Fund and related programs may be used for technical feasibility analysis, municipal renewable energy investment and non-profit affordable housing development, as well as other renewable energy projects as determined by the Corporation.
