Briggs announces grant to support clean energy project at Arkema
KING OF PRUSSIA, July 14 – State Rep. Tim Briggs announced a $464,000 state grant will help support the installation of clean energy infrastructure at Arkema Inc. headquarters in King of Prussia.
The Commonwealth Financing Authority approved the grant to Scale Microgrid Solutions, which will enter into an agreement with Arkema to own and operate clean energy equipment at the 13-building campus. As part of the agreement, Scale Microgrid Solutions will install a combined heat and power system that will generate electricity and thermal energy for the campus. The total project cost is more than $4 million.
“Moving to cleaner energy sources is essential to preserve our environment and support our communities for the future. I’m pleased to see a local company taking steps to become greener, and I’m glad that the state is supporting these projects with funding,” said Briggs, D-Montgomery.
The grant comes through the state’s Alternative and Clean Energy Program, which provides financial assistance through grants and loans for the utilization, development and construction of alternative and clean energy projects in the state. The program is jointly administered by the Department of Community and Economic Development and the Department of Environmental Protection, under the direction of the Commonwealth Financing Authority.