The Connecticut Green Bank has doubled its funding, to $110 million, for commercial-scale PV projects by businesses, towns, schools, non-profits and state agencies.
Originally approved in 2020 at $49.5 million, the allocation was increased to $110 million due to ongoing demand by customers seeking to utilize solar to reduce their costs as well as take advantage of opportunities created through the Inflation Reduction Act.
To date, the facility has been used for $30 million in capital for over 100 solar projects totaling 25 MW across the state under PPAs with manufacturers, schools, nonprofits and tourist destinations.
“The increased need for funding reflects the success of the state’s Non-Residential Energy Solutions program and the increase in federal incentives that are enabling more investment in and deployment of clean energy in our communities,” says the Green Bank’s Bert Hunter.
“Businesses, schools, and towns are looking for relief from higher energy costs and protecting themselves against grid outages. At the same time, these projects help achieve the governor’s goal to achieve a zero-carbon electric grid by 2040.”
Also approved was increased funding for state projects under the bank’s Solar Marketplace Assistance Program (MAP). Through the program, the Green Bank assists in site feasibility analysis, incentive procurement and facilitating a procurement process for development and construction.
The post Connecticut Green Bank Approves $110M in Financing for Large-Scale Projects appeared first on Solar Industry.
Connecticut Green Bank Approves $110M in Financing for Large-Scale Projects
There really are threats to human civilization that seem to be mounting in intensity:
• World fascism. (If it can happen in the U.S., it could conceivably happen anywhere.)
• Environmental collapse.
• Malicious use of AI.
• Pandemics, as misinformation on vaccinations spread and the frozen tundra melts, releasing pathogens never seen by humans.
• Nuclear war.
Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth? One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.
Obviously, James Carville has been wrong before, but it appears that he’s onto something here.
An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.
It’s a pleasure to see that Dr. Brian Cox has people so popular, having joined the ranks for Neil DeGrasse Tyson, Bill Nye, and a few others. This phenomenon of celebrity physicists if one of very few bright spots in our modern world.
I would qualify what he says at left as follows: the only people who hate the economics here are those invested in fossil fuels. Clean energy and transportation are already huge industries, and they’re growing at an amazing pace–even in the face of heavy suppression by Big Oil and Donald Trump.
-
Greenhouse Gases7 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change7 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
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
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 Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Renewable Energy5 months agoSending Progressive Philanthropist George Soros to Prison?