$1,000,000 REAP Grant for 2.35mW Solar Project

 

REAP Grant Award: $1,000,000

Section 48E Tax Credit: +/- $1,150,000

Project Size: 2.35mW (AC) Ground Mount Solar System

Location: Vero Beach, FL

About the Project

In 2024, IMG Citrus received obligation for a $1,000,000 in Rural Energy for America (REAP) grant funding from the USDA to implement a transformative clean energy project for its cold storage facility in Vero Beach, FL.  

The project will offset 100% of IMG’s annual electricity usage, providing low cost clean energy for years to come.  

IMG Citrus also plans to use the site as a research facility for native landscaping in conjunction their partner landscaping  business, Cherry Lake.

Regenerative Shift is providing turnkey support to write the REAP grant and manage the process through reimbursement from the USDA upon final completion.  Additionally, Regenerative Shift is supporting the project through management of the Prevailing Wage and Apprenticeship Requirements, ensuring the maximum Section 48E Investment Tax Credit for the project.  

 

Project Discussion on The Ground Up Podcast

Do you have a project that is eligible for REAP?  Contact Regenerative Shift.