… 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 … In 2017, nearly 90% of the Connecticut Green Bank's operating funds came from public sources. How then could the Green Bank, whose mission rested on building trust, both insulate … of clean energy finance assets to the private sector, supplying as much capital to the market as possible, and alleviating energy poverty for low and moderate-income residents? …
… 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 2016, Garcia remained undecided about a key … greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas emissions by 80% from 2001 levels by 2050. The GC3 …
… and chairman, wondered how his company could expand its presence in the United States market. In the previous five years, Trina, a company with manufacturing and headquarters in … had to decide how it was going to respond and how much it was willing to invest in its efforts to grow in the U.S. In Europe, the supply-constrained market during 2007-10 had … developing B2C channels to tap into the growing market of local contractors and do-it-yourselfers looking to add solar panels to their roofs. Trina had already partnered with …
… three-and-a-half years on the international stage. By the end of 2007, the company was the market leader in Asia and had completed projects in fourteen countries across five continents. But many investors believed these first years were … energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had mounted and the price of fossil …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of legislation that expanded the … renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits …
… 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 … financial backing, buy and erect the turbines, and begin generating electricity by 2010. For Walmart de México, becoming the wind farm’s off-taker accomplished a number of important … 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 footage in Mexico by …
… 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 marketfor home energy-efficiency upgrades. In New York State, those upgrades face two key … in their underwriting criteria. So the cost per project can be too low for significant resources to be dedicated to vetting each one. Plus, the methods of energy-efficiency upgrades …
… oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … meet its ambitious goals addressing climate change. Third, biofuels could provide a new marketfor Mexico's struggling agricultural sector. Finally, PEMEX would soon face … in the fuel, up to 5.6% by volume. PEMEX had to adhere to two basic constraints in setting the price: by law, PEMEX could not subsidize the purchase price of ethanol, and …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … midwives, or rural farmers, SELCO created solutions for the particular needs of its target market. Sometimes this meant redesigning the solar equipment and sometimes this meant … midwives, or rural farmers, SELCO created solutions for the particular needs of its target market. Sometimes this meant redesigning the solar equipment and sometimes this meant …
… has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be … are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. Misalignment of incentives and perceived project risk are … both the investment cost for energy-efficiency upgrades and the subsequent cost savings. Source Yale Center for Business and the Environment Areas of Focus Sustainable Finance and …