… 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 … activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utilityenergy-efficiency efforts. The new state leadership created the RIIB. It was built by renaming and …
… 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 …
… EVM guaranteed electricity at below the rates charged by Mexico’s state-controlled utility, shaving costs for the famously thrifty retailer. In addition, the project allowed … 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 … its traditional reliance on natural gas and oil. Mexico’s government-controlled electricity utility had simplified the transmission rates for renewable energy and had constructed a few …
… 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 … Financial institutions are reluctant to lend when any claim that they might make in the event of a default is junior to the property mortgage holder. This is why the Environmental …
… 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 energyefficiency upgrades and renewable technology. It supported the banking industry in …
… 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 …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the … company’s market capitalization had doubled since its IPO in 2005). Global demand for wind energy remained strong and Suzlon had added significant capacity. Indian textile … textile operations. After commissioning two wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, …
… 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, … Jonathan Lash, who announced his support of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE …
… 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 … design, financing, and service was time-consuming and costly. The company had provided energy solutions for over 100,000 households in its fifteen years of existence, allowing … Observers frequently wondered if SELCO’s activities could be scaled up to extend solar energy's benefits to more people. In 2009, SELCO was considering its plans for how the …
… the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded RSIP. … promises in 2015 was to increase the RSIP tenfold. Meanwhile, the reliance on renewable-energy credits (RECs) to satisfy the state’s renewable portfolio standard (RPS) was being … from the Connecticut General Assembly. Equity and Justice Sustainable Finance and ESG Clean Energy Connecticut’s Residential Solar Program … Connecticut’s Residential Solar Program As …