Topic: Economic Opportunity

Economic Opportunity Articles

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.

Replacing Diesel Generation with Hybrid Renewable Energy Plants

What players are emerging to transform the fleet of off-grid diesel power plants in developing countries? This year’s Finance for Resilience winners at the Bloomberg New Energy Finance Future of Energy Summit included Global Renewable Independent Power Supplier (GRIPS). GRIPS seeks to connect large off-takers with investors through an innovative, market-based approach. According to Alexander Voigt, CEO of GRIPS, the startup will replace captive diesel generation with hybrid renewable power plants in places with nonexistent or unstable grid connections.

How Is USAID Attracting Global Clean Energy Financing?

What has United States Agency for International Development (USAID) done to support efforts to scale up clean energy? What are the impacts of these clean energy projects? What is USAID’s strategy to attract funding from the private sector? In this interview, Jeffrey Haeni, energy division chief of the Bureau for Economic Growth, Education and Environment at USAID, shared his insights on global clean energy development.

Connecticut’s C-PACE Program Is Picking up Speed

Clean energy finance in Connecticut just got a major boost. On Dec. 17, Hannon Armstrong agreed to provide up to $100 million in funding for the Connecticut Green Bank’s C-PACE (Commercial Property-Assessed Clean Energy) program. The deal represents a major milestone for an initiative that has already funneled upwards of $70 million toward renewable energy and energy efficiency.