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Powering Affordable Clean Energy (PACE) Program is sponsored by USDA Rural Utilities Service (RUS). This program offers up to 60% loan forgiveness for renewable energy projects that utilize wind, solar, hydropower, geothermal, or biomass, as well as for renewable energy storage projects.
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According to the current listing, eligibility includes: Eligible entities include rural utilities and other organizations focused on renewable energy development in rural areas. Confirm the full requirements in the official notice before applying.
Powering Affordable Clean Energy (PACE) Program is funded by USDA Rural Utilities Service (RUS). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
The RUS Powering Affordable Reliable Technology (PART) Energy Program takes Letters of Interest until October 9, 2026. Up to 40% of each loan can be forgiven, awards run $1M to $100M, and USDA describes eligible generation as hydro, geothermal, and biomass — even though Section 317 of the RE Act names solar and wind.
Read articleThe Rural Utilities Service published the ARC Program on September 14, 2026. Same IRA Section 22004 authority that carried the $9.7 billion New ERA program, redirected to nuclear power supply and transmission efficiency. Letters of Interest open October 19 and close November 20.
Read articleThe Rural Utilities Service is putting $410 million of Section 22001 budget authority back in the market through the Powering Affordable Reliable Technology program. Letters of Interest open September 8 and close October 9, 2026 — both at 11:59 a.m., not p.m. — and RUS evaluates them on a rolling basis in the order received.
Read article