Topic: Economic Opportunity

Economic Opportunity Articles

Reliability graphic

Connecticut Green Bank Uses Award to Spark Outreach

The performance of the Connecticut Green Bank shows clean energy can be economically lucrative and make good business sense. As a result of these accomplishments, the Ash Center for Democratic Governance and Innovation has selected the bank from 500 applicants for the 2017 Innovation in American Government Award. A public announcement took place in Hartford, Connecticut on July 27.

Will a National Green Bank Act Win Support?

A number of senators and representatives led by Sen. Chris Murphy (D-Conn.) and Rep. Elizabeth Esty (D-Conn.) have cosponsored The Green Bank Act of 2017 (PDF) (S. 1406. H.R. 2995). The act is expected to support the establishment of a national green bank capitalized with $10 billion in treasury-issued green bonds. This is the third time legislators have proposed it.
Solar panels on a roof in Oakland

A Tool to Accelerate Energy Storage for Solar PV Projects

Energy storage for solar PV is a critically important technology because of its ability to resolve the primary drawback of solar power – namely, that the sun doesn’t shine all the time. Organizations such as Clean Energy Group (CEG) are leveraging software to advance these technologies as a means to expand energy resiliency and affordability.
Sao Paulo, Brazil

IDB Aims to Catalyze Energy Efficiency in Latin America

The global financing market for energy efficiency projects is facing many hurdles, according to Esteban Suárez, a representative of the Energy Savings Insurance Team at Inter-American Development Bank (IDB). These include asymmetric distribution of information, absence of standardized financing instruments, misinformation about potential obstacles, and a lack of risk insurance.
Department of Energy - Looking at solar panels

The Value of the DOE State Energy Program

As part of President Trump’s resolution to cut government spending, the White House has proposed drastic budget reductions for the United States Department of Energy (DOE) – and for its clean energy office. These may affect the State Energy Program (SEP), which has yielded broad-ranging health and economic benefits.
House in Goa, India

Off-Grid Generation Drives India's Renewable Energy Growth

In an effort to tackle growth in greenhouse gas emissions and meaningfully address the challenge of energy poverty in India, the government plans to install 175 GW of renewable energy capacity by 2022 to help provide electricity to the 309 million Indians who currently lack access to modern energy services.
Apartment building exterior

Opening the Door to Affordable Solar+Storage

While energy storage technologies are becoming an increasingly viable option, storage for solar (solar+storage) is mostly serving only high-end commercial markets. However, since this combination reduces costs and increases resilience, this emerging market is uniquely positioned to greatly benefit low-to-moderate-income (LMI) communities. The challenge is: how can we make it financially viable for this underserved demographic?