… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … that the success of solar installations for the poor would depend on designing creative financing solutions for its customers. Many thought the capital expense of purchasing solar … installing solar equipment. However, SELCO’s careful process of needs assessment, design, financing, and service was time-consuming and costly. The company had provided energy …
… 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 … while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their underwriting criteria. So the cost per …
… In the early 2000s, the Federal government of Mexico enacted a series of laws promoting the use of alternative fuels … oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … PEMEX: The Ethanol Decision … PEMEX: The Ethanol Decision In the early 2000s, the Federal government of Mexico enacted a series of laws promoting the use of alternative fuels …
… resources, absent a creditworthy off-taker the project would not have been able to line up financing. With Walmart de México’s 15-year PPA (Power Purchase Agreement) in hand, the … financial backing, buy and erect the turbines, and begin generating electricity by 2010. For Walmart de México, becoming the wind farm’s off-taker accomplished a number of important … Gómez, Walmart de México’s Director of Sustainability, was considering ways the project financing structure might be further adapted to allow Walmart de México to participate in …
… 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 … and opponents of nuclear energy on the GC3 and Garcia was weighing each side’s arguments before announcing his own position. Connecticut had a long history of considering climate … 2050. The GC3 had been tasked to develop interim statewide greenhouse gas reduction targets for years between 2020 and 2050 and identify short- and long-term statewide strategies to …
… had to decide how it was going to respond and how much it was willing to invest in its efforts to grow in the U.S. In Europe, the supply-constrained market during 2007-10 had … hand, there was less political will for carbon reduction in the United States. The U.S. federal government did extend tax credits to solar developers, and certain state governments … hand, there was less political will for carbon reduction in the United States. The U.S. federal government did extend tax credits to solar developers, and certain state governments …
… 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 like … projects. Sustainable Finance and ESG Clean Energy VirginiaSAVES … VirginiaSAVES Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified …
… Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has performed much better than expected. Average realized savings have been on the order of 50% of … the installation of the upgrades. The program uses the PAYS® framework. PAYS® is an on-bill-financing solution developed by Clean Energy Works (CEW), an organization founded by Dr. …
… 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 … subordinated debt, or warehousing facilities, 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 offering standardized products for consumers, and derisked larger stand-alone transactions. But back in Connecticut, …
… Like many countries, Australia 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 do not address much of the existing carbon emissions. In the face of the …