Topic: Economic Opportunity

Economic Opportunity Articles

Global Environment Facility Spurs Investment in Clean Energy

As the biggest public funder of projects related to climate change, the Global Environment Facility (GEF) has played a crucial role in removing market barriers to investment in clean energy worldwide. Policy de-risking, investment aggregation mechanisms, and capacity building for banks and governments are key areas where the GEF has worked to increase the flow of financing.

The Mechanics of Measuring Success in Energy Efficiency Financing

Growing momentum for energy efficiency financing in the United States has motivated State and Local Energy Efficiency Action Network to conduct around 20 interviews with stakeholders in five states to explore what it takes to make utility-sponsored programs succeed. The research team produced a report that outlines the pitfalls and promises of a wide range of evaluation techniques.

Mexico City Solar Conference Offers More Questions than Answers

Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.

Habitat for Humanity Pioneers Affordable Net-Zero Housing

Habitat for Humanity (HFH) is leading the way in developing sustainable, high-efficiency housing for the low- and fixed-income communities. Its latest project, the River Falls Eco Village in Wisconsin, is the first development of its kind to demonstrate that net-zero homes can provide tangible economic and social benefits to low-to-middle-income (LMI) communities.

Massachusetts Debates Net Metering

A joint committee of Massachusetts senators and representatives is approaching a decision on the future of solar power. The decision will determine how to modify net metering, an incentive policy that is critical to most solar projects' financial viability. Meanwhile, utilities are unable to plan for their systems and developers have been forced to ice projects at all stages.

“Energy Efficiency for All” Supports Financial Resilience

Energy costs can impose a harsh burden on low-income families. Energy Efficiency for All (EEFA) is seeking to combat this adversity in 12 states with a combination of private and public funds. It is building up from a base of nonprofit commitment to create more partnerships, expand its work, and reach a large population of tenants and property owners.

Has Renovate America Figured out How to Expand Residential PACE?

In November, Renovate America, the San Diego-based Property-Assessed Clean Energy (PACE) program administrator, passed a major milestone—funding over $1 billion in residential installations. As of that month, the program was available to over 80 percent of California households and had completed over 50,000 projects. The company now plans to scale up nationally. According to PACENation, an advocacy organization, Renovate America’s proprietary HERO program is the most widely adopted residential PACE program in the United States, accounting for 95 percent of the established market.

A Tale of Two Green Bank Bills

Guess which part of the United States is so motivated to put a green bank in place that two legislative bills are competing to do the honors? It’s Massachusetts, which is considering two proposed green banks that would be very different from one another. “I’m hopeful,” said State Rep. Paul Mark (D-Peru), sponsor of House Bill 3532 . “If it doesn’t pass, we’ll file it again next session.” Mark spoke to a packed room at Western Mass Green Consortium’s Holiday Season Green Night Party on Dec. 9 in Northampton. He said he has sent a letter of support for the...

First Report on Multifamily Solar with Storage Shows Positive ROI

Until this year, no research had been published about how multifamily building owners across the United States can profitably install solar power and energy storage to make it possible for senior citizens and low-income apartment residents to survive extreme weather. Now, a new study from Clean Energy Group has revealed that these installations are promising candidates for investment in three major cities: Chicago, Washington, and New York City.