… power generated by the 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 … company hoped to build on. The success of the EVM wind farm had ignited Manuel Gómez Peña’s thinking about further renewable energy projects. Gómez, Walmart de México’s Director of … on return on investment. Gómez believed that the situation called for creative thinking. How could the company leverage its sterling credit rating to get renewable energy …
… renaming and restructuring the preexisting Clean Water Finance Agency (CWFA). Three other programs—Commercial Property-Assessed Clean Energy (C-PACE), Residential Property-Assessed … It accomplished this by publicizing a widely-distributed RFP. All of these projects are net cash flow-positive, meaning they generate more savings than the total cost of the … the factors that have led to its success. Source Center for Business and The Environment at Yale Areas of Focus Sustainable Finance and ESG Clean Energy Download file. … After the …
… QECB allocation, decision makers considered the increased flexibility of Green 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, … for creativity and adaptability to different states, locations, and projects. Source The Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG …
… establish strong relationships with some of the continent’s leading developers of solar projects. Trina supplied modules for a number of large, signature projects, developing a strong track record. Now, the company was looking to develop similar … of 2010, the Japanese module maker Sharp had bought Recurrent Energies and its pipeline of projects. Before that, the world’s largest module maker, First Solar, had bought a large …
… 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 many investors believed these … the price of fossil fuels had skyrocketed. With little more than a cell phone and the internet, Pedersen set to work building Suzlon’s international presence. While Suzlon pursued … the price of fossil fuels had skyrocketed. With little more than a cell phone and the internet, Pedersen set to work building Suzlon’s international presence. While Suzlon pursued …
… program. The program combined public funds and private capital to finance residential solar projects and solar water heaters. CT Solar Lease 2 stemmed from a response to a gap in the … Lease 1. Over the span of two years, the new program financed 1,192 residential solar PV projects—amounting to over $43 million in investment and 9.5 MW of solar installations. The … of the program and presents the lessons learned from implementation challenges. Source The Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG …
… upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. Misalignment of incentives and perceived project risk are responsible for this underinvestment. Building owners and tenants do not … the investment cost for energy-efficiency upgrades and the subsequent cost savings. Source Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG …
… financing, 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, … are familiar with the 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 … shows how a similar structure can be used for residential energy efficiency. Source The Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG …
… 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 … the momentum of the solar market’s growth led to a proposal for fine-tuning the incentive programs the state offered. This led to the creation of a bill, HB 6838 (Public Act 15-194), … and, in general, bipartisan support from the Connecticut General Assembly. Source Yale Center for Business and the Environment Areas of Focus Equity and Justice Sustainable …
… The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan loss … residents, including distressed communities? Should the Connecticut Green Bank rethink how they approached interest-setting? If profitable parts of the organization … as possible, and alleviating energy poverty for low and moderate-income residents? Source Yale School of Management Areas of Focus Clean Energy Sustainable Finance and ESG Equity and …