… bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like … House were calling for both a raid of the organization’s balance sheet, and a dramatic reallocation in its funding streams. After several months of intense political negotiations, on October 26, legislators swept $16.3 million annually from the Connecticut Green Bank’s budget over the following two years. In 2017, nearly 90% …
… Island 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 … Portfolio Standard and a Systems Benefit Charge, which it leverages to support clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating … use to refine and iterate the program. The EBF is an innovative structure to lower energy costs and tax burdens. In the following case study, we walk through the creation of the EBF …
… At the end of 2010, Jifan Gao, Trina Solar’s founder and chairman, wondered how his company could expand its presence in the United States market. In … that PV manufacturers had more capacity than demand and that solar modules were passing from a seller’s to a buyer’s market. At the same time, the oversupply was pushing prices … industry were, as yet, not well understood. Equity and Justice Sustainable Finance and ESG Clean Energy Trina Solar: Expanding in the U.S. Market … Trina Solar: Expanding in the U.S. …
… a franchised dealer network, seriously hurting the company financially and deviating from its mission to help the poor. As the company was recovering from this move, the price … spiked and sales declined. 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 … to determining its continued success. Equity and Justice Sustainable Finance and ESG Clean Energy SELCO … SELCO Harish Hande and the company he founded, SELCO, provide solar …
… renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits to … could fulfill it—even as falling incentives dropped more rapidly than decreasing installed costs. The need to maintain the momentum of the solar market’s growth led to a proposal for … from the Connecticut General Assembly. Equity and Justice Sustainable Finance and ESG Clean Energy Connecticut’s Residential Solar Program … Connecticut’s Residential Solar …
… government had already set a target of reducing greenhouse gas emissions by 80% from 2001 levels by 2050. The GC3 had been tasked to develop interim statewide greenhouse … a massive plant situated near New London, CT called Millstone. The facility included two reactors that produced almost half of the electricity generated in Connecticut and supplied … its strategy, including a recommendation about Millstone, by early 2017. Equity and Justice Clean Energy The Future of Nuclear in Connecticut … The Future of Nuclear in Connecticut …
… electricity at below the rates charged by Mexico’s state-controlled utility, shaving costs for the famously thrifty retailer. In addition, the project allowed Walmart de México … operations. In the energy area, the company was hoping to receive 50% of its energy from renewable sources by 2015, even in a period of rapid growth, increasing its square … program? Developed in partnership with CEDAN , Tecnológico de Monterrey, Mexico City Clean Energy Corporate Sustainability Equity and Justice Sustainable Finance and ESG Walmart …
… reduce the amount 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 … (EUA) 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 … of the repayment and is senior to the mortgage, providing the incentive necessary to attract private finance. It also addresses the misalignment of incentives by creating an …
… program in an attempt to create an accessible financing solution for independent local contractors to support the rising demand for residential and commercial solar systems. This case … to finance residential solar projects and solar water heaters. CT Solar Lease 2 stemmed from a response to a gap in the market that was clearly felt by both contractors and … presents the lessons learned from implementation challenges. Sustainable Finance and ESG Clean Energy CT Solar Lease 2 … CT Solar Lease 2 In 2014, the Connecticut Green Bank …
… called "ecomagination" in 2005 that was rooted in four commitments: To double investment in clean research and development (R&D) to $1.5 billion by 2010; To increase revenues from ecomagination products to $20 billion by 2010; To reduce the volume and intensity of … remarks during and after the ecomagination launch, Immelt made no pretense about the fact that ecomagination was first and foremost a business growth initiative. His candor …