… Solar photovoltaic panels are an increasingly competitive player in the energy market as the technology improves and the prices drop. The challenge of widespread diffusion is now behavioral as much as economic. Through large-scale … are most conducive to solar adoption. This project is funded by the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO). Solar Energy Evolution and Diffusion …
… Bryan Garcia, the President and CEO of the Connecticut Green Bank, had a big decision to make. Garcia is a member of the Governor’s Council on Climate Change (GC3), a group charged with creating a comprehensive climate strategy for the State of Connecticut. As of September …
… bestowed the prestigious 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 structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … create Connecticut jobs, promote energy security, and address climate change. Further, changes to funding, structure, and products could all affect the "inclusive prosperity" …
… project received a significant boost. While the proposed wind farm was located in an area with abundant wind 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 developers were … 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 … firehouses, and offices. Launched in the summer of 2015, the EBF has already seen positive results – deploying $17.2 million towards municipal-building clean-energy upgrades across 17 … firehouses, and offices. Launched in the summer of 2015, the EBF has already seen positive results – deploying $17.2 million towards municipal-building clean-energy upgrades across 17 …
… 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 … to spread the cost over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their … of households. NYGB and Sealed entered the loan agreement to find a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of …
… The road to SELCO’s success, however, has not always been smooth. Hande cofounded SELCO (with Neville Williams) in 1995 to sell and service photovoltaic (PV) systems in his home … 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 International Finance … 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 …