Topic: Commercial and Industrial Markets

Commercial and Industrial Markets Articles

Chicago building

Michigan and Illinois Raise Their Renewable Portfolio Standards

What kept Governor Rick Snyder (R-Mich.) up all night in December? According to Katie Trachsel, manager of the Michigan Renewable Energy Certification System (MIRECS) program, it was the passage of two pieces of legislation that transformed the state’s renewable energy laws, encouraged energy efficiency, and reshaped utility regulation. Meanwhile, Illinois rolled out its new renewable portfolio standard (RPS). Brian Granahan, chief counsel at Illinois Power Agency, said the RPS was designed to resolve a confusing set of policies. The new goals are clearer and easier to follow than the previous ones.

Dormant Corporate Properties Can Yield Solar Energy

What are the advantages of siting renewable energy on brownfields that corporations own? An article by lawyers at the firm Sullivan & Worcester, “Unlocking the Clean Energy Value of Dormant Corporate Properties,” highlights the potential financial and environmental benefits of repurposing old industrial and manufacturing properties as locations for corporations to generate renewable energy.

Jump Starting Innovation from Carbon-Pricing Revenues

Leaders from business and government joined the dialogue on carbon pricing revenue at the “Innovating to Meet the Climate Challenge” event in New York City on Sept. 21. Revenues can enhance productivity across the economy by reducing the capital cost of renewable energy, enabling investments in different sectors and addressing corporations’ carbon portfolios, panelists said.

GELI Outlines Energy Storage Financing Options

Energy storage is continuing to gain traction in the commercial and industrial (C&I) space as well as among utilities, thanks to the large variety of additional services it promises to provide. However, many customers are still curious about its tangible value and savings. In an attempt to answer these questions, Growing Energy Labs Inc. – also known as GELI, an intelligent energy software and analytics company – hosted a webinar series. The first event was called “Solar + Storage : Why 1 + 1 =3.” It addressed the additional value a storage system can add in combination with solar PV....

Wells Fargo Funds Minority-Owned Green Businesses in North Carolina

After decades of underinvestment, African-American farmers and small business owners in North Carolina will now receive green enterprise loans from Natural Capital Investment Fund. The award of $1.6 million, announced on May 3, is part of a much larger program by Wells Fargo that seeks to fill part of the huge void in bank financing of minority-owned businesses.

Solar Stakeholders Sharpen Their Ability to Reduce Soft Costs

While the installation costs for solar in the United States have dropped dramatically in recent years, the number is double that in Germany. The difference has mainly resulted from soft costs – costs that do not relate directly to construction. To explore the cost-reduction opportunities, Solar Power World held a webinar on April 28 to discuss some major strategies for installers to decrease the soft costs of financing, training, and local solar programs.

Thawing the Market for Commercial Energy Efficiency

Scaling the mountain of creating a large energy efficiency market for commercial buildings in the United States is a daunting task, according to a March report from Institute for Market Transformation (IMT). This report, “Energy Efficiency Finance for Commercial Buildings: Insights from Lenders,” reveals structural and outreach problems have largely frozen massive investment opportunities – close to $72 billion.