On May 23, New Jerseyans scored a major economic and environmental victory when Governor Phil Murphy signed a groundbreaking law that will soon make the Garden State an even greener one. The Board of Public Utilities (BPU) has initiated a proceeding that will establish a community solar pilot program within one year of the bill’s signing.… Keep reading →
Governor-elect Phil Murphy’s clean energy agenda has the potential to be a game-changer for New Jersey. His influence can position the state to regain its leadership in the fight against climate change, and create a clean energy economy that will lead to more jobs, and improve the health and well-being of all New Jerseyans. To capitalize on… Keep reading →
As a bustling metropolis and the biggest city in Texas, Houston has a lot of buildings – and that equals a lot of opportunity to make these facilities more energy- and water-efficient. Houston grabbed headlines last month when it became the first in Texas to adopt a citywide Property Assessed Clean Energy (PACE) program. PACE… Keep reading →
As the world’s two largest democracies, the United States and India share the goals of strengthening economies and protecting the environment. This is why the United States and India are committed to working together to find answers to some of the biggest challenges of our time. When President Obama and Indian Prime Minister Narendra Modi… Keep reading →
Do your energy costs keep you up at night?
With a view to generate green energy by using new technologies, India and the United States have set up new Rs 500 million ($8 million) PACESetter fund. The fund will support the Promoting Energy Access Through Clean Energy (PEACE), for which memorandum of understanding (MoU) was signed by the two countries. This PEACE initiative will… Keep reading →
On July 9, 2015, the U.S. Department of Energy (DOE) announced $18 million in funding for six projects to develop bioproducts and biofuels from algae.
Since the first wind deal utilizing a partnership in 2003 (also known as a “partnership flip,” a “pre-tax after-tax partnership,” or a “wind safe harbor partnership structure”), there has been a constant evolution of structures and a proliferation of financing alternatives for renewable energy transactions.
As the Texas legislative session begins ramping up, I am reminded of smart policies from sessions past that holistically benefit Texas, had bipartisan support, and brought unlikely allies together. As we head into the session, it’s important to remember that no matter which side of the aisle you are on, clean energy solutions make sense… Keep reading →
Property Assessed Clean Energy (PACE) loans allow property owners to finance clean energy improvements to their properties generally secured by property liens senior to mortgages through tax assessments. Moody’s recently released a special comment expressing some concerns and not-so-subtle hints that it thinks that lenders and securitizers should take PACE programs seriously.
