The US will fund more than 1,100 renewable and energy efficient projects across the country.
The Department of Agriculture is providing a $102 million (£66.3m) loan and $71 million (£46.1m) in grants for small rural businesses and agricultural producers.
The funding aims to reduce energy usage and costs in their operations by supporting solar and other renewable energy projects as well as creating jobs and promoting energy independence.
In total, the projects awarded are expected to generate 906 million kWh of energy – enough to power more than 83,000 homes for a year.
They will also help cut 455,000 metric tonnes of carbon emissions.
US Agriculture Secretary Tom Vilsack said: “This funding will help incorporate renewable energy and energy efficiency technology and reduce energy costs.
“But beyond the local benefits seen by a company saving energy costs and the global benefits of reducing carbon emissions, this funding will also create American jobs by supporting energy production and efficiency installations that are made in rural America.”