… decided to buy the 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 … 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 … with the resources and expertise to build large-scale projects. Gómez also had to take into account Walmart de México’s capabilities and focus. While the company had made …
… Suzlon, an India-based windenergy company, had made quite a splash in its first three-and-a-half years on the … In June 2004, Tanti hired a Dane, Per Hornung Pedersen, to lead Suzlon’s entrance into the global wind market. It had been an opportune time to enter the international wind … In 2007, Suzlon purchased REPower, a German manufacturer of large wind turbines, for $1.8 billion. REPower built some of the world’s largest wind turbines, including a 6 megawatt …
… 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 Efficient … Portfolio Standard and a Systems Benefit Charge, which it leverages to support clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily …
… 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 … quasi-state agencies, business, and nonprofits. The GC3 recommendations would have to take into account Connecticut’s changing energy profile. Between 1996 and 2015, natural gas …
… 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 …
… 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 realized savings have been on the order of 50% of the average electricity bill prior to 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. Holmes Hummel, who served as the Senior …
… 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 … Green Bank, whose mission rested on building trust, both insulate itself from the political winds from the north, and move toward a more sustainable funding model? The bank’s …
… 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 …
… 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 …
… 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 … the volume and intensity of greenhouse gas emissions (GHG) from GE's operations and improve energy efficiency its facilities by 2012; To keep the public informed about ecomagination … style to GE's "imagination at work" campaign. The company rebranded existing products like wind turbines as ecomagination products, and devised a set of standards under which current …