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Eligible: Businesses, Nonprofits, Other

Apply by Dec 17, 2024

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Active

$0 - $400,000

Community Power Accelerator Prize – Round 3

From U.S. Department of Energy (DOE)

The American-Made Community Power Accelerator Prize: Accessing Capital to Deploy Equitable Community Solar is a $10 million prize designed to fast-track the efforts of new, emerging, and expanding solar developers and co-developers to learn, participate, and grow their operations to support multiple successful community solar projects. The goal of this prize is to expand a robust ecosystem of community solar project developers that incorporate meaningful benefits into projects across the United States. In 2024, Round 3 of the Community Power Accelerator Prize expanded beyond community solar to include other forms of distributed solar energy technologies. 25 competitors can win up to $400,000 each in this round.

  • Overview

    • Type

      Grant

    • Title

      Community Power Accelerator Prize – Round 3

    • Source

      U.S. Department of Energy (DOE)

    • Federal or State

      Federal

    • Total Amount

      $10,000,000

    • Number of Awards

      25

    • Award Range

      $0 - $400,000

    • Cost Share

      No

    • Status

      Active

  • Eligibility

    • Audience

      Businesses, Nonprofits, Other

    • Sector

      Energy Efficiency, Other, Renewable Energy, Resilience

    • Activity

      Program Implementation, Program Management, Research & Development, Technical Assistance

    • Location

      National

  • Application Process

    • Application Link

      Community Power Accelerator Prize – Round 3 | Department of Energy

    • Pre-Application?

      No

    • Requirements

      To be recognized by the Community Power Accelerator Prize, competitors must show notable progress in project pre-development activities. These include designing, financing, incorporating equity, and enabling access to at least two of “The Five Meaningful Benefits” identified by NCSP+: Equitable Access & Consumer Protections; Meaningful Household Savings; Resilience, Storage, & Grid Benefits; Community-led Economic Development; and Solar Workforce Development. Over the course of the prize, competitors engage with the Community Power Accelerator online platform, which provides a place for competitors to shop their credit-ready projects around to verified project developers, investors, and philanthropic organizations.

    • Disbursement Method

      Other

  • Important Dates

    • Application Open Date

      Sep 9, 2024

    • Application Close Date

      Dec 17, 2024

  • Resources & Contacts

    • Resources

      https://www.energy.gov/communitysolar/community-power-acceleratortm

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