Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act
$15 billion of the funds appropriated under the Inflation Reduction Act will support low-income and disadvantaged communities, including $7 billion for zero-emission technologies such as rooftop solar. The other $12 billion will support additional investments in low- and zero-emission projects.
Sunrise brief: Texas winter storm analysis shows grid vulnerabilities and the potential of solar-plus-storage
Also on the rise: Oregon-based Powin Energy announced major supply deals covering a 5.8GWh pipeline of energy storage projects in the US and Taiwan. Trade groups raise concerns over interconnection queues. CleanCapital acquires a 39-project, 65.3MW portfolio of solar assets spanning 12 states. Enphase Energy enters agreement to participate in Swell Energy’s virtual power plant (VPP) program in Hawaii, New York, and California. First in the nation green bank surpasses $2 million total investment. PECO releases RFP seeking Pennsylvania solar energy credits. A look at mounting systems for PV on metal roofs.
Green Bank funds leveraged $1.69 billion in clean energy projects during 2020
The American Green Bank Consortium added five new green banks and said that market actors across 22 states were actively exploring or taking steps to develop green banks.
Solar MAP guides Connecticut munis through project development process
The state’s Green Bank program is helping four local governments install solar at more than a dozen public buildings.
Connecticut Green Bank closes on 200th C-PACE project
The program has now financed nearly 25 MW of solar in the state.
New York Green Bank loans $37 million to Vivint Solar
Vivint Solar says that the loan will allow it to install solar on 8,250 homes in New York.
