Clean Energy Finance Forum

A growing list of Connecticut towns want to play a bigger role in procuring clean energy, but first they need state lawmakers to give them the authority. Known as community choice aggregation, the model gives local governments the right to buy power on behalf of their residents, enabling them to focus on buying more renewable energy or lowering costs, or both.

"In Washington and many other states, we are using innovation and cooperation to grow jobs and protect the planet. As Washington’s governor, I know firsthand the obstacles states face when they respond to increasingly devastating floods, wildfires, and earthquakes, and other catastrophes made worse by a changing climate."

Utilities like Duke Energy and Xcel Energy have issued billions in green bonds to fund renewables development. Green banks in New York, Connecticut and other states are backing investments in distributed resources and energy efficiency. It appears much more institutional money wants in on the green opportunity.

"Finally, the Sunshine State is living up to its name and taking steps to become a true leader in the solar revolution. A critical component of our just transition to renewable energy is ensuring that every Floridian can participate and benefit from affordable, clean, local solar power. That’s why we must extend the benefits of solar power to renters and people with homes that are not suitable for solar panels."

The National Climate Bank Act introduced this year is based in part on successful projects in Connecticut and New York.

Florida Power & Light Company (FPL) today announced that it is garnering more support from solar stakeholders for its FPL SolarTogether, a proposed new offering for FPL customers that would be the largest community solar program in the U.S., pending regulatory review.

Rival developer teams filed formal proposals with Connecticut regulators to build massive new wind farms off New England’s southern coast, with the state having mandated that 40% of its electricity be generated from renewable sources within a decade’s time.

NextEra will build a combined 700 megawatts for an electric cooperative group in a landmark deal for the hybrid renewables sector.