… Bryan Garcia, the President and CEO of the Connecticut Green Bank, had a big decision to make. 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 … grid. The operating licenses for the two reactors were set to expire in 2035 and 2045, making the issue extremely salient for the GC3. The GC3 remained divided as to what to do …
… the prestigious Ash award in policy innovation, the "Nobel of policy," upon the Connecticut Green Bank for its role in "sparking the green bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in …
… its presence in the United States market. In the previous five years, Trina, a company with manufacturing and headquarters in Changzhou, China, had managed to grow rapidly by … market during 2007-10 had allowed Trina to quickly establish strong relationships with some of the continent’s leading developers of solar projects. Trina supplied modules … had made a point of not pursuing this type of downstream integration, vowing not to compete with their customers. Other module makers had opened manufacturing facilities in the United …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency … to spread the cost over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their … Sealed entered the loan agreement to find a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help …
… The road to SELCO’s success, however, has not always been smooth. Hande cofounded SELCO (with Neville Williams) in 1995 to sell and service photovoltaic (PV) systems in his home … Investors put pressure on Hande to lay off employees and contract the organization. With the help of the World Bank’s commercial finance arm, the International Finance … SELCO remained a for-profit business, but Hande was able to seek new investors more aligned with its mission. In addition, Hande was able to keep his sales and service organization …
… has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be replaced, the rigorous standards developed in recent years for new buildings … their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. …
… project received a significant boost. While the proposed wind farm was located in an area with abundant wind resources, absent a creditworthy off-taker the project would not have … Walmart de México undertook had to work in concert with Mexico’s electricity grid and rate-making structure. Mexico’s political leadership had announced a commitment to electricity … Walmart de México undertook had to work in concert with Mexico’s electricity grid and rate-making structure. Mexico’s political leadership had announced a commitment to electricity …
… The Upgrade to $ave Program provides Roanoke Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has … of Energy’s Office of Policy & International Affairs from 2009 to 2013. CEW approached REC with a win-win proposal describing how PAYS® could help build the local economy while … Its approach has included on-the-job training for contractors and other staff. Partnering with an organization that assists with implementation has made it easier for REC to run the …
… finance into the state market. This case study describes how this bank set up the Efficient Buildings Fund (EBF) and is iteratively improving it. This bank, which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The … Fund (EBF) and is iteratively improving it. This bank, which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The …
… wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, Suzlon had become the dominant player in the Indian … energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had mounted and the price of fossil … energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had mounted and the price of fossil …