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
Renewable Energy
About Two-Thirds of Americans Will Never Call the Lake North of New York “Lake America”
At what point did 30% of the U.S. electorate become so tuned into a criminal sociopath’s wanting to rename places in the Western Hemisphere in an effort towards his own self-aggrandizement?
The only interesting question that remains is what if any trajectory does this nation have to recover some level of dignity once Trump is removed from the presidency.
Some say it will take generations. No one knows for certain.
About Two-Thirds of Americans Will Never Call the Lake North of New York “Lake America”
Renewable Energy
Nothing Endures But Change
“No man ever steps in the same river twice, for it’s not the same river and he’s not the same man.” — Heraclitus
One of humankind’s greatest thoughts is tied up in this quote from the ancient Greek philosopher Heraclitus. It’s right up there with “I think therefore I am,” and “The unexamined life is not worth living.”
But where the last of the three are indisputable, what up with this “persistence of change” stuff?
It’s true that the aspects of people and things change. The walls of the Grand Canyon are constantly shifting, but no sensible person thinks it’s a different place than it was millions of years ago.
Most of the cells in my body die and are replaced in a matter of a few months, and my attitudes and beliefs change day by day. But my beloved kindergarten teacher, Alice Adams, will exist in my memories until the day I die.
What Heraclitus left of us is intellectually stimulating, but it doesn’t affect how we function as human beings.
Renewable Energy
Our Top Priorities
Americans have a wide variety of needs; affordability, healthcare, ending the war, and justice for Trump and his administration and probably at the top.
Nowhere on the list is the distraction that accompanies renaming a body of water.
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