USDA Rural Development Invests $371M to Improve Rural Electric Infrastructure in 11 States
USDA Rural Development is investing $371 million to build and improve critical electric infrastructure that will benefit more than 222,000 rural residents and commercial customers in 11 states.
PACENation Announces 2020 PACESetters and PACE Champions
PACENation has announced the recipients of their 2020 PACESetter Awards and honored three PACE Champions for their distinguished leadership in the PACE marketplace, utilizing Property-Assessed Clean Energy financing. Among the 2020 Champions is CDFA member, Connecticut Green Bank.
Rhode Island Infrastructure Bank Finances $30M in Drinking Water Projects
Rhode Island Infrastructure Bank has announced $30 million in below-market rate financing through its Drinking Water State Revolving Fund (DWSRF) for projects across four borrowers, including the Town of Cumberland, the City of Newport, Providence Water Supply Board, and Smithfield Water Supply Board. By financing these projects through RI Infrastructure Bank loan programs, these clients will realize over $10.9 million in lifetime debt-service savings.
Louisiana Governor Aims for Net Zero Greenhouse Gases by 2050
Louisiana's governor, John Bel Edwards, has signed an executive order setting a state goal for net zero greenhouse gas emissions by 2050. The order laid out the state's first goal for greenhouse gases that creates a climate initiatives task force to include members from state government, business, environmental justice, Indian tribes, academics, and other areas. A second order creates a state resilience officer and directs all state agencies to work with that person toward protecting and restoring Louisiana's vanishing coast.
Trends in COVID-Era Renewables Tax Credit Proposals
This article summarizes the most recent pandemic-era proposals for wind, solar, and carbon capture federal tax incentives and attempts to discern potential trends for the future.
Philadelphia Daycare First to Go Solar Using C-PACE in Pennsylvania
During Philadelphia Solar Week, the Philadelphia Energy Authority, Greenworks Lending, and the Capers Company LLC announced the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing for a renewable energy project. This solar system will supply nearly 100% of the daycare facility's energy needs.
Why the District of Columbia is a Leader in Energy Efficiency
In the 2019 scorecard by the American Council for an Energy-Efficient Economy (ACEEE), Washington, D.C., was named as one of the best cities for energy efficiency and for scaling up local generation of clean energy in the country. Reasons for this include the city's strong focus on buildings, design of programs with people in mind, easily quantified benefits, collective contributions to financing efficiency, and transparency about future efforts.
Four Tools for Increasing Sustainable Energy Financing
Sustainable finance is a key ingredient in the energy transition, but there is a gap between what is available and what is required - and the market needs policy makers to play a role in this transition. Here are four ways to direct finance where it is most needed within a range of policy contexts.
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