In the last fiscal year, USDA Rural Development invested over $240 million in renewable energy and energy efficiency projects across the nation. Through our Rural Energy for America Program (REAP) we have changed the face of clean energy in our rural communities by promoting energy efficiency in rural small businesses and agricultural operations and the development of renewable energy sources in and around these small communities.
The renewable energy component has expanded both small and large-scale clean energy development in a number of sectors including geothermal, solar, wind, hydropower, and biofuels. Utilizing resources already available in our rural areas whether it's sun and wind, or water and agricultural waste, USDA in partnership with local lenders has been able to provide the financial underpinnings to grow hundreds of renewable energy projects.