… Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance into the state market. This case study describes how this bank set up the Efficient Buildings Fund (EBF) and is iteratively improving it. … RFP. All of these projects are net cash flow-positive, meaning they generate more savings than the total cost of the project and debt service. Over the project lifetime and …
… Garcia is a member of the Governor’s Council on Climate Change (GC3), a group charged with creating a comprehensive climate strategy for the State of Connecticut. As of September 2016, Garcia remained undecided about a key element of that strategy – nuclear power plants. There were strong proponents and opponents of nuclear energy on the GC3 and Garcia was weighing each side’s arguments before announcing his own …
… movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … 2017, nearly 90% of the Connecticut Green Bank's operating funds came from public sources. How then could the Green Bank, whose mission rested on building trust, both insulate itself … impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address climate change. Further, changes to funding, …
… of greenhouse gases that these buildings emit and reduce their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have … necessary to attract private finance. It also addresses the misalignment of incentives by creating an Environmental Upgrade Charge (EUC) that allows a property owner and a tenant to … share in both the investment cost for energy-efficiency upgrades and the subsequent cost savings. Sustainable Finance and ESG Clean Energy Australia Clean Energy Finance Corporation …
… When Walmart de México y Centroamérica decided to buy the power generated by the Electrica del Valle de México’s (EVM) wind farm, EVM’s struggling … meet ambitious goals, looking to reduce waste in its and its suppliers' operations. In the energy area, the company was hoping to receive 50% of its energy from renewable sources by … the transmission rates for renewable energy and had constructed a few projects of its own. However, there were no special feed-in-tariffs for renewable energy and only a few tax …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond (QECB) program in 2017 as part of its tax … like Virginia leveraged this program to accomplish energy efficiency goals. When evaluating how to use Virginia’s QECB allocation, decision makers considered the increased flexibility of Green Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can …
… At the end of 2010, Jifan Gao, Trina Solar’s founder and chairman, wondered how his company could expand its presence in the United States market. In the previous five … Europe. However, Trina lagged behind some of its Chinese rivals, such as Yingli and Suntech Power, in supplying modules to the United States. Gao had targeted the U.S. market in 2010, … between China and the United States and the relationship of the two countries’ currencies, creating risk for any company that paid its workers in renminbi but booked its sales in …
… Program provides Roanoke Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has performed much better … uses the PAYS® framework. PAYS® is an on-bill-financing solution developed by Clean EnergyWorks (CEW), an organization founded by Dr. Holmes Hummel, who served as the Senior Policy … Affairs from 2009 to 2013. CEW approached REC with a win-win proposal describing how PAYS® could help build the local economy while providing cost savings, energy …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million … increasingly familiar with residential energy-efficiency financing, they don’t use energysavings in their underwriting criteria. So the cost per project can be too low for … deployment of debt financing to help stand up large-scale generation projects, this case shows how a similar structure can be used for residential energy efficiency. Sustainable …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and … adoption of legislation that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded RSIP. …