Clean Energy Finance: The Green Bank Approach
Tuesday, May 13th, 2014, 9:30am - 11:30am EST / Streamed Panel Discussion: 7:00am - 8:30am PST / 10:00am - 11:30am EST / 16:00 - 17:30 (Paris-Brussels) Meeting in New York
Last April, AGRION hosted a roundtable discussion on State Clean Energy Banks: The CEFIA, NYS, and NYCEEC Models. Since then, CEFIA, the nation’s first green bank, has deployed numerous programs including C-PACE, SolarizeCt, the Residential Solar Lease Program, and others, as well as partnered with Mosaic and Sungage to offer $5 million for crowdsourced residential solar loans. In total, it has attracted $180 million in private financing with $41 million in state funds to support the development of 26.7 MW of clean energy, including the world's 2nd largest fuel cell park. Click here to read more about their story. The New York Green Bank announced in February that it was open for business; it is capitalized with $210 million, and has recently issued an RFP for clean energy financing proposals.
Last month in DC, representatives from 11 states congregated in DC for the Green Bank Academy, to discuss ways to replicate the green bank model. In this meeting, we aim to provide an update on green banks, and more broadly clean energy and energy efficiency financing policies.