Catalyze has secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 MW portfolio of community distributed generation (CDG) solar projects across the state.
The transaction is in line with the bank’s commitment to equitable energy transition by requiring a percentage of solar projects benefit disadvantaged communities in order to receive financing.
“We are excited to leverage our extensive community solar expertise to ensure the success of NY Green Bank’s term loan supporting a community distributed generation (CDG) portfolio,” says Jared Haines, CEO of Catalyze.
“CDG is one of the most effective means of making solar energy more accessible to low-to-moderate income communities, and we look forward to how this partnership will support both the goals of NY Green Bank and New York State.”
“NY Green Bank is pleased to support Catalyze, which is increasingly focused on New York State-based CDG solar projects and equitable energy solutions,” adds Andrew Kessler, president of NY Green Bank.
“As our first term loan using a sale-leaseback structure for a CDG portfolio, coupled with a minimum 65% subscriber commitment benefiting historically disadvantaged communities, this transaction underscores NY Green Bank’s unique ability to provide innovative financing solutions that support the equitable distribution of clean energy.”
The post Catalyze to Support New York Community Solar Portfolio appeared first on Solar Industry.
At left we have another good reminder that our cognitive biases can render us incapable of thinking critically.
Some of us believe anything we want to.
This piece from Robert Reich reminds us of what a big ask it is of the American people to vote for Republicans in the midterms.
Sure, there are many hateful morons who love detention centers for people with brown skin, or believe that America is going communist, or that our elections are rigged (unless they are won by Republicans). Yet it seems unlikely that any of these positions of extreme ignorance will win the day.
Unfortunately, Trump knows this. That’s why we shouldn’t be surprised if he tries to cancel the midterms or rip up the Constitution and nationalize them.
This concept has an enormous level of popularity in the Republican party. Exactly why?
What’s certain is that property taxes fund our schools, and without them, the common American would be even more ignorant than he is today, if that’s believable.
Now, which party benefits from poor education and a lack of the capacity for critical thinking?
-
Greenhouse Gases11 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change11 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy9 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测