Iowa Power Fund Board Approves $3.08M in Projects

Wind and biodiesel projects receive bulk of funding

The Iowa Power Fund Board has approved contracts for three projects totalling $3.08 million, with more than $1.7 million in matching funds.

The projects are:

• Iowa Alliance for Wind Innovation and Novel Development (IAWIND), University of Iowa: $3 million with a $1.5 million match. The board finalized the contract to help IAWIND implement research and training for large-scale gearbox testing facilities to support the continued growth of turbine manufacturing in Iowa. IAWIND affiliates include Regents universities, private and community colleges, industry, state and local governments.
• Biodiesel Education Program, Iowa Biodiesel Board: $50,000 with a $95,000 match. The board finalized the contract to help the Iowa Biodiesel Board develop a curriculum to educate diesel mechanics on biodiesel, reinforce its function in diesel engines and troubleshooting protocol. 
• I-Renew Energy & Sustainability Expo 2009, Iowa Renewable Energy Association: $30,000 with a $110,000 match. The board finalized the contract to help the association hold the Energy & Sustainability Expo, aimed at educating Iowans about their energy choices and increasing energy efficiency and conservation across the state.