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… 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 … 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 …
… 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 … Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. The new state leadership created the RIIB. It was built by renaming and … Energy (C-PACE), Residential Property-Assessed Clean Energy (R-PACE), and the Brownfield Revolving Fund—were brought into the agency. The RIIB administers a number of …
… 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 2015, even in a period of rapid growth, increasing its … of the EVM wind farm had ignited Manuel Gómez Peña’s thinking about further renewable energy projects. Gómez, Walmart de México’s Director of Sustainability, was considering ways …
… 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 failed to penetrate the market to the expected degree. Misalignment of …
… 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 loss reserve funds, interest rate buy-downs, subordinated debt, or warehousing … the Green Bank lowered the cost of capital for consumers and businesses to install energyefficiency upgrades and renewable technology. It supported the banking industry in offering …
… 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. … 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 …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the … 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 … but had designs on moving into the top three. Pedersen, therefore, was faced with the challenge of finding additional markets to fuel the company’s continued growth. Equity and …
… 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 energyefficiency goals. When evaluating how to use Virginia’s QECB allocation, decision makers …
… 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 …
… 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 energyefficiency its facilities by 2012; To keep the public informed about ecomagination targets, …