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US to invest $20 billion in clean energy projects

Posted in energy, finance

The new projects will have a focus on disadvantaged communities.

The Biden administration announced Friday it will invest $20 billion from the federal “green bank” for clean energy projects in the region. This is according to a report by ABC News.

The money will come from two programs and will supply competitive grants to nonprofits, community development banks and other groups to invest in clean energy projects. Both funds will have a focus on disadvantaged communities.


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This is according to a report by ABC News.