News - Green Economy
Governor Lincoln D. Chafee Announces Six Teams to Share $810,000 in 2013 Collaborative Research Grant Awards
06/13/2013 - 12:08
Focused on Rhode Island’s unique ocean assets, Governor Chafee recognized 18 scientists from five research institutions, whose work in marine biology will preserve the state’s waters for the future.
05/24/2013 - 13:23
The RIEDC has been working with GreenFins, LLC, since its inception three years ago and brokered the relationship between the company and University of Rhode Island scientists.
05/21/2013 - 09:51
Rhode Island Department of Education and Narragansett Bay Commission receive Renewable Energy Fund awards for solar energy projects.
04/23/2013 - 09:06
Renewable Energy Fund grants will support the renewable energy industry with the installation of solar energy systems that contribute to greener homes and businesses.
National Firm Selected to Perform Economic Data Analysis as Part of Sustainable Communities Initiative
01/14/2013 - 16:30
Governor Chafee announces next action step in development of an integrated plan to mobilize state and community assets for a better Rhode Island.
08/28/2012 - 10:33
The Rhode Island Economic Development Corporation Board of Directors today approved financing that will help Providence-based eNow, Inc. (eNow) expand.
02/07/2012 - 10:13
The Rhode Island Economic Development Corporation Board of Directors today approved a $500,000 Renewable Energy Fund (REF) loan to provide Spokane, Wash.-based Utilidata, Inc. with the flexible growth capital the energy technology company needs to continue to expand and to secure its relocation to Rhode Island.
Governor Chafee and RIEDC Executive Director Keith Stokes Announce $2.7 Million in Renewable Energy Grants
10/27/2011 - 09:35
Governor Lincoln D. Chafee and Rhode Island Economic Development Corporation Executive Director Keith Stokes today announced $2.7 million in new grants through the RIEDC’s Renewable Energy Fund (REF) that will help accelerate 16 renewable energy projects with combined private and public investments totaling $5.7 million.
RIEDC Announces Request for Proposals for Renewable Energy Projects to be Funded Through the Agency’s Renewable Energy Fund
08/25/2011 - 10:53
The RIEDC announced an RFP for the development of non-utility scale renewable energy projects in Rhode Island. The projects will be supported by $2.5 million in federal stimulus funds to be disbursed by the Rhode Island Office of Energy Resources through the state’s ARRA-State Energy Program and managed by the RIEDC’s Renewable Energy Fund.
RIEDC Board Approves Renewable Energy and Small Business Financing to Help Lower Costs and Expand State’s Knowledge Economy
08/23/2011 - 09:20
The RIEDC Board of Directors approved two projects that will help leading advanced manufacturers reduce their utility costs and provide a growing knowledge-based small business with financing.
Governor Chafee Announce Partnership Between RI Office of Energy Resources and RIEDC to Deploy $6.5 Million in Federal Funding
08/18/2011 - 09:33
Governor Lincoln D. Chafee announced today that a total of $6.5 million in federal American Recovery and Reinvestment Act (ARRA) funds will be used to further the state’s leadership in advancing renewable energy development and to support energy efficiency programs to help businesses operate more cost effectively.
04/26/2011 - 09:24
The RIEDC Board of Directors today approved new rules and regulations for the state’s Job Creation Guaranty Program that will provide greater access to capital and credit for small businesses in the state. The Board also approved financing measures for two projects aimed at expanding community YMCA programs and growing Rhode Island’s Green Economy.
03/29/2011 - 15:01
Governor Lincoln D. Chafee announced that the RIEDC has approved a grant to fund a sizeable portion of predevelopment expenses for the City of East Providence’s proposed 10 to 15 megawatt solar farm at the site of the former Forbes Street landfill.
RIEDC Board Approves Measures to Expand Green Economy, Increase Energy Cost Savings for Local Small Business and City Government
03/28/2011 - 22:50
The RIEDC Board of Directors today approved two Renewable Energy Fund (REF) financing awards totaling $325,310.
RIEDC Board Approves Measures Aimed at Creating 286 Jobs by Boosting Innovation-based Small Businesses
11/22/2010 - 17:07
The RIEDC Board of Directors approved financing and tax incentive measures for three Rhode Island small businesses that are expected to create 286 jobs in the state.
11/15/2010 - 12:47
RIEDC and state leaders hosted the region’s leading green companies, developers and coastal experts at this week’s Northeast Offshore Wind Summit.
10/25/2010 - 19:49
The Rhode Island Economic Development Corporation (RIEDC) Board of Directors today approved financing and tax incentive measures for two critical projects aimed at creating at least 209 jobs. The Board also approved funding that will allow one of the state’s largest manufacturers to install a solar energy system to significantly reduce energy use and lower its business costs in Rhode Island.
10/04/2010 - 14:26
RIEDC’s Board of Directors have unanimously approved two Renewable Energy Fund awards which include a $335,000 grant to the East Bay Energy Consortium and $130,589 to Milhaus LLC for the installation of a 38kW solar PV system.
Governor Carcieri and RIEDC Executive Director to Tour R.I's Emerging Information, Manufacturing and Green Energy Companies
03/03/2010 - 14:32
Governor Donald L. Carcieri and the RIEDC today announced several planned tours of Rhode Island-based small businesses operating in the state’s emerging growth sectors: information technology, advanced manufacturing and green energy.
RIEDC and State Leaders Unveil Strategic Roadmap for Advancing Rhode Island’s Green Economy at Collaborative Forum
02/09/2010 - 10:16
Ret. U.S. Army General Wesley Clark serves as keynote speaker as more than 200 thought leaders plan next steps for Rhode Island’s emerging green sector
01/11/2010 - 16:39
The Rhode Island Office of Energy Resources today announced that the Office is accepting grant applications for non-utility scale renewable energy projects in Rhode Island. The grants, totaling $8,395,000, are funded through the American Recovery and Reinvestment Act of 2009 (ARRA) and are available to Rhode Island residents, businesses, municipalities, non-profit organizations, academic institutions. The grants are designed to help pay for up to 25 percent of the up front costs of renewable energy projects.
12/10/2009 - 17:04
Governor Donald L. Carcieri today announced that Deepwater Wind and National Grid have signed a 20-year, power-purchase agreement, marking a significant milestone in Rhode Island’s path toward developing the nation’s first offshore wind farm and establishing a green-collar industry. The agreement marks only the nation’s second such power-purchase agreement for renewable, offshore wind energy.
11/30/2009 - 13:20
On November 23, the Rhode Island Economic Development Corporation’s Board of Directors voted in favor to partially fund three projects put forth by the Renewable Energy Fund (REF). The funding will support the installation of two solar systems and a wind turbine.
10/26/2009 - 14:30
Rhode Island is now ranked the 9th most energy efficient state for 2009, according to a survey conducted by the American Council for an Energy Efficient Economy. This is up from its rank of 11 in 2008.
09/22/2009 - 14:42
The RIEDC's Board of Directors and Interim Executive Director approved over $1.2 million in funding from the Corporation’s Renewable Energy Fund for eight renewable energy projects. The awards will create an estimated 21 full and 100 part-time positions.
09/03/2009 - 23:15
The Renewable Energy Fund recently awarded 17 grants to Rhode Island communities, organizations and businesses that will fund renewable energy development projects or feasibility studies. To highlight the diverse array of renewable energy projects, the RIEDC has been hosting local events where community members, business owners, government affiliates and media have been in attendance.
Mayor Cicilline Joins State Officials in Announcing Alteris Renewables Offices Locating in Providence
08/05/2009 - 15:03
Mayor David N. Cicilline, along with state economic development officials, announced the opening of the new offices of Alteris Renewables, Inc. - the largest renewable energy systems installer in the Northeast – in Providence.
07/28/2009 - 15:49
The Rhode Island Innovation Awards are designed to honor Rhode Island-based companies, organizations and individuals that constantly replace existing methods, models and products with better ones. Applications are due August 21!
07/01/2009 - 11:44
The Rhode Island Economic Development Corporation today announced that the Providence Business News has named the agency’s director of the Renewable Energy Fund, Julian Dash, as a 40 under Forty winner.
06/30/2009 - 09:09
Governor Carcieri today hailed the Quonset Development Corporation Board of Directors’ approval of a development agreement to lease 117 acres to Deepwater Wind Rhode Island, LLC in the Quonset Business Park for the development of the company’s regional manufacturing facility and its regional development headquarters.
06/26/2009 - 09:17
Governor Donald L. Carcieri, House Speaker William J. Murphy, Senate President M. Teresa Paiva Weed and the Rhode Island Economic Development Corporation hosted the Green Economy Roundtable, aimed at identifying the state’s unique green economic opportunities and accelerating green-sector job growth. The event was held at the Crowne Plaza Hotel at the Crossings in Warwick, Rhode Island.
06/23/2009 - 09:00
RIEDC's Renewable Energy Fund (REF) has awarded a total of $681,875 in grants to 17 local projects that will stimulate job growth in the green technology and green energy sectors of Rhode Island’s economy.
05/26/2009 - 08:30
Leaders from the Naval War College, the Naval Undersea Warfare Center, URI’s Center for Ocean Exploration and Deepwater Wind discuss visions for the future.
05/05/2009 - 12:32
RIEDC's Renewable Energy Fund joined the Department of Environmental Management and Senator Jack Reed to mark the groundbreaking of a wind turbine project at Salty Brine State Beach in Narragansett. The Renewable Energy Fund, provided a $32,175 grant for funding of the wind turbine.
04/27/2009 - 11:45
The Rhode Island Economic Development Corporation (RIEDC), in conjunction with the Governor’s Workforce Board, today announced that four local Rhode Island companies qualified to receive more than $320,000 in workforce training grants.
04/06/2009 - 13:23
The Rhode Island Science and Technology Advisory Council has expanded its website to assist science and technology researchers and enterprises in pursuing stimulus funding opportunities.
03/24/2009 - 10:28
RIEDC’s 2009 Economic Growth Plan proposes 10 concrete action items to accelerate the pace of job growth in our state.
Renewable Energy Takes Center Stage as Massive Wind Turbine Transported by Barge across Narragansett Bay
02/06/2009 - 15:07
Illustrating Quonset’s potential as a Center for the emerging renewable energy industry and Governor Carcieri’s commitment to developing the state as a major hub in the renewable energy field a massive wind turbine was loaded onto a barge for transportation across Narragansett Bay today.
STAC Releases 2009 Report and Recommendations, Urges Support for RI Research Alliance and Entrepreneurship Center
01/28/2009 - 11:17
STAC presented Governor Donald L. Carcieri and the Rhode Island General Assembly with a set of recommendations calling for timely, targeted and transformative investments to support discovery and innovation and its transfer into the marketplace.
01/28/2009 - 10:33
The Rhode Island Science and Technology Advisory Council (STAC) today announced the awardees of the 2009 Collaborative Research Award program. The awards will support seven projects, representing 23 scientists from 10 organizations throughout Rhode Island.
01/21/2009 - 08:20
RIEDC’s Renewable Energy Fund (REF) Awards First Municipal Grant Town of Jamestown receives $30,000 for wind energy feasibility study.
12/18/2008 - 11:57
RIEDC now accepting financing applications for renewable energy projects that have the potential to make electricity in a cleaner, more sustainable manner and stimulate job growth for the state
RIEDC Seeks Job Growth in Green Sectors, Focuses Renewable Energy Fund on Energy Independence and Economic Development Potential
11/24/2008 - 17:34
The Rhode Island Economic Development Corporation (RIEDC) today announced its plans for managing the state’s Renewable Energy Fund (REF) and made a new commitment to stimulate job growth in green technology / green energy sectors of Rhode Island’s economy.
11/18/2008 - 11:42
Rhode Island was cited as a top performer in the 2008 State New Economy Index, a report published by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation (ITIF). Released today, the 2008 Index ranked Rhode Island 11th in the nation in a state-by-state analysis of how state economies are transitioning to economic development strategies that focus on the creation and retention of high-wage jobs in growth industries. Rhode Island has moved up four places from its 2007 Index position, and has moved up from 29th when the Index was first issued in 1999.