The links below highlight media coverage for the Connecticut Green Bank in Fiscal Year ’18 (July 2017 – June 2018). To see news from FY17 (July 2016 – June 2017), please click here.
Green Bank gets prestigious gov’t award (July 20, 2017)
The Connecticut Green Bank beat out approximately 500 competitors for a government innovation award from Harvard University.
C-PACE surpasses $100 million in closed project financing. The Connecticut Green Bank says this milestone was achieved through the efforts of many key stakeholders.
PosiGen solar company announces $5M investment (Aug. 15, 2017)
Investment helps PosiGen continue to expand its work in Connecticut.
Connecticut Green Bank Uses Award to Spark Outreach (Aug. 28, 2017)
The performance of the Connecticut Green Bank shows clean energy can be economically lucrative and make good business sense.
Uncertain budget has major energy policy implications (Sept. 21, 2017)
The budget would divert tens of millions of dollars from clean energy and efficiency programs into the general fund.
Connecticut Green Bank — an investment worth growing (Sept. 25, 2017)
Board of Directors member Gina McCarthy offers her insight into the value of the Green Bank.
Green Bank says the budget plan would effectively shut it down (Oct. 23, 2017)
A provision in the latest state budget compromise to take $27.5 million in ratepayer funds from the Connecticut Green Bank would “effectively shut down” the bank, its president, Bryan Garcia, said in an interview.
State Budget Compromise Wins Broad Bipartisan Support (Oct. 27, 2017)
The budget sweeps $170 million from the Energy Efficiency Fund, which is largely financed by ratepayers. It also cuts $14 million annually from the Connecticut Green Bank.
Connecticut solar industry wants a clawback (Oct. 28, 2017)
Connecticut’s solar power industry wants a court to block the General Assembly from “confiscating” money earmarked for Green energy projects and instead using it to balance the state budget.
The U.S. Department of Energy’s SunShot Prize: Race to 7-Day Solar, a national competition intended to reduce the time it takes to “go solar” across the country, has ended, and the Connecticut Permit to Plug-in Challenge team was among the two final participants.
Facing the biggest financial threat in its six-year existence, the Connecticut Green Bank will reduce staff, trim deal volumes and pursue new revenue streams to keep itself and its mission alive.
Solar panels to help sisterhood serve (Jan. 10, 2018)
The Daughters of Mary of the Immaculate Conception, a sisterhood providing help to domestic abuse victims as well as affordable housing and day care services, installed solar panels with help from the Green Bank.
CT clean energy program invests $114M in 200 projects (Jan. 31, 2018)
The Connecticut Commercial Property Assessed Clean Energy (C-PACE) program has surpassed 200 projects totaling more than $114 million in clean energy investment in businesses.
Lawmakers urge reversing clean-energy cuts, but lack budget fix (Feb. 13, 2018)
A coalition of legislators and energy efficiency advocates pledged to work to restore at least some of the roughly $175 million stripped from green programs in the new two-year state budget.
Bridgeport Installs State’s First Microgrid Generator (March 6, 2018)
City officials flipped the switch on a first-of-its-kind ‘microgrid’ generator.
CESA will work with agencies in five states and the District of Columbia to identify locations for distributed energy resources (DER) that provide benefits to the grid.
If Pope Francis were the United States Secretary of Treasury (April 21, 2018)
Green Bank President and CEO Bryan Garcia envisions an engaged form of inclusive capitalism in which national, regional, state and community banks play a large role in advancing the green economy.
CESA honors six states for clean energy excellence (May 16, 2018)
CESA recognizes the partnership between the Connecticut Green Bank and PosiGen Solar Solutions.
Commercial & Industrial Sector Coverage
Connecticut Green Bank program reaches milestone (July 24, 2017)
C-PACE reaches the $100 million mark in terms of closed financing for energy efficiency and renewable energy projects that benefit businesses around the state.
C-PACE helps business owners manage high energy costs.
Solar project now includes high school (Aug. 18, 2017)
The solar project that could save the town of Wilton $2.3 million over the next 20 years grew when the Board of Selectmen approved a reimbursable deposit to include Wilton High School in the plan.
Manchester Community College is one of three schools that will receive solar energy systems through a partnership between the Connecticut State Colleges and Universities and three companies.
Shagbark Lumber, Farm Supplies lights up East Haddam school district (Sept. 11, 2017)
Shagbark completes second solar project; the first was in 2014 with the Green Bank.
Green Bank names solar partner (Sept. 14, 2017)
The Connecticut Green Bank selected Onyx Renewable Partners to help spur deployment of commercial-scale solar in the state.
Curtis Packaging’s Innovative Approach to Sustainability (Sept. 27, 2017)
Curtis Packaging has also been ambitious in improving the sustainability of its operations. In conjunction with the Connecticut Green Bank, Curtis Packaging recently completed a $2.5 million project that included natural gas conversion, energy efficient HVAC and lighting systems, and a solar array.
Solar panels to save Bloomfield school $1.1M (Sept. 28, 2017)
Stamford’s Kingspan Energy has wrapped work on a one-megawatt rooftop solar array at Carmen Arace Middle and Intermediate School in Bloomfield that used C-PACE financing.
Sand Road Animal Hospital turns to solar energy, upgrades (Oct. 14, 2017)
Sand Road Animal Hospital is now able to supply 80 to 100 percent of their own energy needs through their C-PACE financing solar panels.
For Waterbury property owner Michael Batista, the success of the Connecticut Green Bank’s C-PACE program has made a positive impact on his bottom-line.
The initiative provides a clean energy and energy efficiency curriculum and training for Connecticut’s Technical High School’s students and faculty. E-Houses incorporate solar photovoltaic and solar thermal systems, premium insulation, home automation, and advanced air handling equipment.
Bethel hopes to install solar canopies at town hall (Dec. 18, 2017)
The town aims to install solar canopies in the municipal center parking lot that would provide energy for town hall.
Middletown’s Xavier High School Switching To Solar Power (Jan. 23, 2018)
A contractor will install a 600,000-kilowatt solar array that is estimated to save the school about $50,000 per year on electricity costs.
Ridgefield joins state clean-energy program (Feb. 24, 2018)
Ridgefield signs on to the C-PACE program.
Joint Energy Saving Effort (March 14, 2018)
Middlesex Chamber of Commerce announced a Joint Energy Saving Effort with the C-PACE program will help local businesses save energy.
Connecticut Kicks off Grid Modernization Effort (April 5, 2018)
Utility representatives and other stakeholders shared their views on evolving cost drivers, changing customer demand and new technologies at the Connecticut Public Utilities Regulatory Authority’s first-ever technical conference on grid modernization
Plastonics Inc. of Hartford uses C-PACE financing to install solar PV and upgrade lighting, their HVAC system, and roof insulation.
The Green Bank announces a two-year pilot for C-PACE program usage for the design and construction of new buildings.
Residential Sector Coverage
Valued at almost $2.7 million, the 20-year performance contract is projected to generate annual energy savings through use of solar photovoltaic as well as other energy efficiency measures.
PosiGen fights budget proposal (Sept. 21, 2017)
Tom Neyhart, CEO of PosiGen, speaks out against sweep of funding for the Green Bank.
High-Voltage Incentives (Oct. 3, 2018)
Implementing efficiency measures in multifamily communities could yield $3.4 billion in annual savings, according to a 2016 estimate by the American Council for an Energy-Efficient Economy (ACEEE).
Trumbull electrifies as more drivers go green (April 1, 2018)
Trumbull is one of the latest communities to embrace electric vehicle charging infrastructure, rolling out two new chargers at the Westfield Trumbull Mall.
A new guide from the Clean Energy States Alliance looks in-depth at policies and programs that can be used to bring the benefits of solar to low-income consumers.
Greenlighting Green Lending (March 30, 2018)
Connecticut Green Bank helps multifamily property owners shift away from the tendency to finance energy upgrades with reserves or commercial loans, instead using projected savings from those upgrades as the source of capital.
Hamden Announces Partnership with “Solar for All” (April 19, 2018)
“Solar for All” program, which is a partnership between the Connecticut Green Bank and PosiGen Solar, launches in Hamden.
Connecticut Green Bank is national leader (Aug. 12, 2017)
Connecticut pledging to cut greenhouse gas emissions (Sept. 1, 2017)
Senate Majority Leader Duff: Don’t Slash Green Jobs (Oct. 3, 2017)
Robbing the Green Bank is short-sighted and damaging (Oct. 3, 2017)
Connecticut Remains Among Top States for Energy Efficiency (Oct. 4, 2017)
DEEP taking heat on its proposed changes to solar policy (Oct. 17, 2017)
Business Owners, Environmentalists Pan Clean Energy Raid (Oct. 23, 2017)
Dan Haar: It’s makeup time for FuelCell bids (Nov. 21, 2017)
Green Bank takes state’s clean energy to next level (Nov. 25, 2017)
Clean energy slashed in new budget (Dec. 1, 2017)
Last-Minute Cuts Equate To Hidden Tax On Your Utility Bill (Dec. 12, 2017)
CT’s poor find winter energy bills increasingly unaffordable (Dec. 15, 2017)
Hidden “Energy Tax” Is A Red Flag To Connecticut Investors (Jan. 30, 2018)
Offshore Wind, Fuel Cell Projects Under Consideration By State (April 20, 2018)
National Clean Energy Coverage
Honing Solar Financing Tools Can Build the Market (July 3, 2017)
Green Investment Banks: One Way Forward in Latin America (Aug. 1, 2017)
Ex-EPA Chief Angry but Optimistic Over Climate Change (Sept. 17, 2017)
Green Banks Sprout Green Shoots at 2017 Green Bank Congress (Oct. 3, 2017)
Banking and Clean Energy: a Blossoming Friendship (Oct. 11, 2017)