The PART Energy Program offers loans to fund projects that generate renewable energy or store energy from renewable sources. The program has $410 million available and loans can be forgiven up to 40% if certain conditions are met. Applicants must cover at least 25% of project costs unless the project benefits certain areas, in which case up to 100% funding may be available.
Who it's for: This grant is for organizations interested in developing projects related to renewable energy generation or energy storage systems. The applicant pool is unrestricted, meaning any entity type can apply.
More details
Likely Disqualifiers
- Failure to submit a Letter of Interest (LOI)
- Incomplete application
- Project not related to renewable energy or energy storage
- Inability to provide at least 25% of project costs (unless in SUTA areas)
- Non-compliance with loan forgiveness terms
What You May Need
- Letter of Interest (LOI)
- Detailed project proposal
- Proof of cost-sharing capability
- Financial statements
- Organizational documents
- Project timeline
- Environmental impact assessment
- Technical specifications of the project
- Proof of eligibility for loan forgiveness
Cautions
- Loan forgiveness is conditional
- Cost-sharing is required for most projects
- Applications are evaluated on a rolling basis
- High competition for funds
- Potential changes in funding availability
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
The grant is open to all types of entities without restriction. This means any organization, whether public, private, non-profit, or otherwise, can apply as long as they propose a project related to renewable energy generation or energy storage systems.
Overview
This grant is for organizations interested in developing projects related to renewable energy generation or energy storage systems. The applicant pool is unrestricted, meaning any entity type can apply.
Likely Disqualifiers
- Failure to submit a Letter of Interest (LOI)
- Incomplete application
- Project not related to renewable energy or energy storage
- Inability to provide at least 25% of project costs (unless in SUTA areas)
- Non-compliance with loan forgiveness terms
Use of Funds
Funds can be used to finance renewable energy projects or energy storage systems. They cover up to 75% of project costs, or 100% for projects in certain areas, and can be partially forgiven.
Total Program Funding
$410,000,000
Expected Awards
100
Cost Sharing
Required
Important Dates
- Posted
- Sep 8, 2026
- Deadline
- Oct 9, 2026(27 days)
- Archive Date
- Nov 8, 2026
Application Checklist
- Submit a Letter of Interest (LOI)
- Prepare a detailed project proposal
- Gather financial statements
- Ensure cost-sharing funds are available
- Complete environmental impact assessment
- Compile technical specifications
- Verify eligibility for loan forgiveness
- Submit application by deadline