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Breakthrough Technologies Institute - Fuel Cells 2000

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TRF Energy Fund’s financing offers a number of innovative products that provide<br />

financial incentives for nonprofit organizations, property owners, large institutions, and<br />

businesses to make sustainable energy investments. They include:<br />

• New construction of residential properties or nonprofit-owned facilities that are built<br />

to an Energy Star or LEED standard;<br />

• Energy efficiency retrofits for residential properties or nonprofit owned facilities that<br />

achieve at least a 25% reduction in energy consumption;<br />

• Renewable energy projects; and<br />

• Distributed generation projects such as CHP projects (co-generation), fuel cell<br />

installations and clean, efficient uninterruptible power systems.<br />

Financing products include construction financing, term loans, lease and energy<br />

performance financing, pre-development loans, and grants for “green” building design or<br />

solar PV systems. The TRF Energy Fund’s primary lending area is the 21-county region<br />

in the states of Pennsylvania, New Jersey, and Delaware.<br />

Contact:<br />

TRF Energy Fund<br />

718 Arch Street<br />

Philadelphia, PA 19106<br />

Phone: (215) 574-5800<br />

E-mail: SustainableEnergy@TRFund.com<br />

Web: www.trfund.com<br />

Pennsylvania Energy Development Authority<br />

www.dep.state.pa.us/dep/deputate/pollprev/PA_Energy/PAENERGY/PEDA_about.htm<br />

The Pennsylvania Energy Development Authority (PEDA) is an independent public<br />

financing authority that was created in 1982 by the Pennsylvania Energy Development<br />

Authority and Emergency Powers Act, and was revitalized by the governor through a<br />

2004 Executive Order. The Authority's mission is to finance clean, advanced energy<br />

projects in Pennsylvania. Pennsylvania projects that could potentially qualify for funding<br />

from the Authority include solar energy, wind, low-impact hydropower, geothermal,<br />

biomass, landfill gas, fuel cells, integrated gasification combined cycle (IGCC), waste<br />

coal, coal-mine methane and demand management measures. The Authority awards<br />

grants, loans and loan guarantees and can develop a variety of other types of funding<br />

programs. Tax-exempt and taxable bond financing for energy projects also are available<br />

through PEDA's partnership with the Pennsylvania Economic Development Financing<br />

Authority (PEDFA).<br />

PEDA is in the process of developing the Pennsylvania Energy Development Plan<br />

(http://www.depweb.state.pa.us/enintech/lib/enintech/The_Pennsylvania_Energy_Develo<br />

pment_Plan1.pdf) that will serve as an articulation of its own energy policy goals and set<br />

out a plan for the allocation and distribution of financial and technical assistance.<br />

In October 2006, the governor announced that PEDA would fund 16 new clean energy<br />

projects, including fuel cell development programs. Funding will include a $250,000<br />

award to HydroGen for installation of a 2MW fuel cell at a US Steel plant and $391,548<br />

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