The Biden administration is expected to announce more than $7 billion in grants to build renewable energy projects in rural communities. 

Provided by the 2022 Inflation Reduction Act, passed by Democrats and signed by President Joe Biden, the money would go to 16 rural electric cooperatives to build or purchase a range of projects, such as wind, solar, nuclear, hydropower, and battery storage. The funds, leveraged with $29 billion in private investments, would be meant to build more than 10 gigawatts of clean energy across the rural areas.