… 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 … EVM guaranteed electricity at below the rates charged by Mexico’s state-controlled utility, shaving costs for the famously thrifty retailer. In addition, the project allowed … 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 …
… 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 … activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utilityenergy-efficiency efforts. The new state leadership created the RIIB. It was built … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to …
… 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 … 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 …
… 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 expected. Average … 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. …
… 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 …
… 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 … funding structures would impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address climate change. …
… 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 … nonprofits. The GC3 recommendations would have to take into account Connecticut’s changing energy profile. Between 1996 and 2015, natural gas largely replaced the dirtier fossil fuels … generation to provide almost half of the state’s electricity and one-third of the its energy (including for transportation and home heating). But the one constant had been the …
… 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 Virginia leveraged this program to accomplish energy efficiency goals. When evaluating how to use Virginia’s QECB allocation, decision …
… the solar equipment and sometimes this meant restructuring activities so that solar energy could power a client’s needs. From his field research, Hande realized early in … 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 …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the … company’s market capitalization had doubled since its IPO in 2005). Global demand for wind energy remained strong and Suzlon had added significant capacity. Indian textile … textile operations. After commissioning two wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, …