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Pennsylvania Energy Development Authority Board Meeting

This agenda includes the approval of meeting minutes, election of officers, status of awards and grants, financial reports, project presentations, future funding opportunities, and other business.

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Pennsylvania Energy Development Authority Board Meeting

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  1. Pennsylvania Energy Development Authority Board Meeting Monday, May 18, 2014

  2. Agenda • Approval of October 2014 Meeting Minutes • Election of Officers • Status of 2014 Awards and Grant Agreements • PEDA Financial Report • Grantee Project Presentations • Future Funding Opportunities • Other Business/Public Comment • Adjournment

  3. Approval of Meeting Minutes • Review October 22nd Meeting Minutes • Questions/Discussion • Edits • Approve

  4. Election of Officers Chairperson – Appointed by the Governor Secretary - Has charge of the records of the Authority* • Elected by members of the PEDA Board once per year Treasurer – Custodian of all funds and monies of the Authority* *Elected by members of the PEDA Board annually

  5. 2014 PEDA Grant Round October 2014, awarded $12.4 million in grants • 28 awards to local governments, schools and businesses (Includes Northumberland County CEI project) • Funded by Energy Development Fund, Growing Greener, Duquesne Light • Alternative Energy and Clean Energy projects • Solar Energy, Hydropower, Biomass, Combined Heat and Power, Energy Storage, Energy Efficiency, etc.

  6. 2014 PEDA Awards 19 Projects in Advanced Energy – $9,680,340.80 • 6 Solar Projects - $3,135,559 • 5 Energy Efficiency Projects – $2,045,868.80 • 3 Energy Efficiency/CHP Projects – $2,000,000 • 5 Other - $2,499,913 • Biomass, Biogas, Battery Storage, Hydropower, Combined Solar Thermal/EE

  7. 2014 PEDA Awards (cont.) 5 Clean Alternative Energy Projects – $2,427,366 • 1 Research - $500,000 - Battery systems • 4 Manufacturing - $1,927,366- Windows, Fuel Cells, Solar/Battery Storage, Solar Racking 3 Advanced Energy, Duquesne Light – $259,694.91 • 1 Solar Project – $28,800 • 1 Energy Efficiency Project – $174,665 • 1 Solar/Wind – $75,000 • Total Award = $278,465

  8. Status of 2014 Awards • 18 projects have fully negotiated grant agreements and have begun work • 1 (of the 18)projects has been completed – Dairy Farmers of America • 8 projects are in final agreement phase and permit acquisition prior to a grant agreement being executed. Examples: • Shamokin Area School District • Juniata Solar Partners • Hydro Green Energy LLC • Alcoa Inc.

  9. Returned 2014 Awards Two projects have returned a total of $1M in awards: • Advanced Technologies and Land Services • Advanced Energy – Solar Deployment Title: Solar Power on a Sustainable Tree Farm Location: Armstrong County, Plumcreek Twp. • Grant: $500,000 • Solar Secured Solutions, LLC • Clean Alternative Energy – Manufacturing Title: Solar-diesel Hybrid Light Tower Location: York County, York Twp. • Grant: $500,000

  10. Financial Report Growing Greener • All funds to be committed and utilized Duquesne Light Settlement Funds • All Funds to be committed and utilized Energy Development Funds (PEDA) • Loan Repayment Revenue until 2-1-2016 • Uncommitted funds to be accrued in this account.

  11. Project Presentations Summit Steel & Manufacturing Inc. • Advanced Solar PV Panel Mounting Systems • $500,000 grant • Lyle Rawlings, President & CEO Advanced Solar Products Inc. • Andres Reneiro, Director of Operations, Solstice Manufacturing Co., Inc. • Brian Reed, Vice President, Summit Steel & Manufacturing Company, Inc.

  12. Project Presentations Dairy Farmers of America • New Burner and Economizer for Johnston Boiler • $75,976 grant • Michelle Ferguson, Project Advisor, DEP

  13. Future Funding/Opportunities • State Budget • Energy Development Fund • Financing Opportunities • Partnership Opportunities • Other Ideas

  14. Other Business • Updating Contact Information • Identifying Alternates • Addressing Term Expirations • Financial Disclosure Forms • Planning for next meeting • Other New Business

  15. Hayley L. Book | PEDA Executive DirectorRachel Carson State Office Building400 Market Street | Harrisburg, PA 17101Phone: 717-772-3612| Fax: 717-705-4980 David A. Althoff Jr. Office of Pollution Prevention and Energy AssistanceRachel Carson State Office Building400 Market Street | Harrisburg, PA 17101Phone: 717-783-0542 | Fax: 717-783-2703

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