… Electrica del Valle de México’s (EVM) wind farm, EVM’s struggling project received a significant boost. While the proposed wind farm was located in an area with abundant wind … 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 … by 12% in 2012 alone. All told, the efforts of Walmart de México had made it the world’s leading retailer in the area of sustainability – a distinction the company hoped to build …
… 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 … across 17 projects in 6 municipalities. It accomplished this by publicizing a widely-distributed RFP. All of these projects are net cash flow-positive, meaning they generate … over a year of operation, the EBF has yielded action recommendations that decision makers can use to refine and iterate the program. The EBF is an innovative structure to lower …
… 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 loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In New York State, those upgrades face two key barriers to … they don’t use energy savings in their underwriting criteria. So the cost per project can be too low for significant resources to be dedicated to vetting each one. Plus, the …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the international stage. By the end of 2007, the company was the market leader in Asia and had completed projects in fourteen countries across five continents. But … its IPO in 2005). Global demand for wind energy remained strong and Suzlon had added significant capacity. Indian textile manufacturer Tulsi Tanti founded Suzlon in 1995 to avoid …
… 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 reform package, states … Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can issue bonds for any mix of public and/or private projects. In contrast, under the …
… 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 … in Connecticut and supplied about 15% of the power required for the New England regional grid. The operating licenses for the two reactors were set to expire in 2035 and 2045, …
… 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 … the Green Bank lowered the cost of capital for consumers and businesses to install energy efficiency upgrades and renewable technology. It supported the banking industry in … stand-alone transactions. But back in Connecticut, trouble was brewing. A contingent of leaders in the State House were calling for both a raid of the organization’s balance sheet, …
… laws promoting the use of alternative fuels in gasoline, beginning with ethanol from sugarcane. This meant that the national oil company PEMEX had to find ways to implement this … into Mexico's gasoline supply. As Mexican policy makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel … struggling agricultural sector. Finally, PEMEX would soon face competition due to new energy reforms that promised to introduce private sector competition to PEMEX, including at …
… 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 … for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way that incentivizes owner investment. Financial institutions are … plays an important role. The EUA is a deal structure modeled on property-assessed clean energy (PACE) in the United States. It allows loans for building upgrades to be paid back …
… 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 than … program uses the PAYS® framework. PAYS® is an on-bill-financing solution developed by Clean Energy Works (CEW), an organization founded by Dr. Holmes Hummel, who served as the Senior Policy Advisor in the United States Department of Energy’s Office of Policy & International Affairs from 2009 to 2013. CEW approached REC with …