The US Department of Agriculture ( USDA ) has said it will inject $ 398.5 m into its Electric grid Loan Program , which aims to upgrade and expand the country 's electricity coverage . The loans will be used on various projects across 13 countries and include $ 68.5 m for an Arkansas solar farm run by NextEra Energy Resources and $ 43 m for schemes deploying smart technology . The funding scheme is also aimed at reducing electricity costs for rural areas and bringing more broadband connectivity to isolated areas .
The US Department of Agriculture (USDA) has said it will inject $398.5m into its Electric Infrastructure Loan Program, which aims to upgrade and expand the country's electricity coverage. The loans will be used on various projects across 13 states and include $68.5m for an Arkansas solar farm run by NextEra Energy Resources and $43m for schemes deploying smart technology. The loan scheme is also aimed at reducing electricity costs for rural households and bringing more broadband connectivity to isolated areas.