Tuesday, October 29th, 2013, 1:00pm - 3:30pm PDT / Streamed Panel 1:30pm - 3:00pm PDT / 4:30pm - 7:00pm EDT
Financing distributed solar (and other clean energy) projects can be very challenging. Furthermore, federal, state, and local government clean energy incentives have often dwindled and left much to be desired in recent years, as budgets have declined in the midst of slow economic growth. Of the many options available for clean energy financing, one which appears to have great promise is state clean energy finance banks. State clean energy finance banks can require minimal public financing, while utilizing private capital to offer low-interest rate funding. The Coalition for Green Capital estimates that lowering the cost of clean energy loans by 225 basis points and providing long-term loans to all developers would lower the cost for a clean energy project by 15 to 20 percent. This cost savings can make clean energy very competitive with conventional fossil-fuel based energy projects.
Our next Solar Financing Task Force meeting, on October 29th, will feature Ken Berlin, Senior Vice President for Policy and Planning and General Counsel, from the Coalition for Green Capital. Coalition for Green Capital, founded and led by CEO and former FCC Chairman Reed Hundt, is a leading protagonist for state clean energy finance banks, and is working with California and other states to promote collaborative efforts. Mr. Berlin will discuss Coalition for Green Capital with our group, and we’ll explore mutual areas of potential interest in developing a green bank in California.
Location: Downtown San Francisco
Location will be provided to registrants.