More than 350 Hartford residents have installed solar energy systems through the program, saving on energy costs
HARTFORD, Conn. (August 6, 2025) – In a powerful display of community and clean energy progress, the City of Hartford, Connecticut Green Bank, and PosiGen hosted a “Solar for All Hartford: Solar Celebration” at a local PosiGen customer’s home on Blue Hills Avenue. The event celebrated the successful Solar for All Hartford initiative, launched in 2018, which aims to help Hartford homeowners save money on energy costs through the installation of solar energy and battery storage systems.
Along with the city’s support, PosiGen and Connecticut Green Bank designed the Solar for All Hartford program to make solar energy and battery storage accessible and affordable to all homeowners, regardless of income level. Since its inception, more than 350 Hartford residents have made the switch to solar energy. In addition to rooftop solar, the program now includes battery storage, an important new component of PosiGen’s proven model. This enhancement gives homeowners greater energy resilience, helping them keep the lights on and meet critical needs.
The celebration featured a speaking program that included remarks from U.S. Senator Richard Blumenthal, City of Hartford officials, and Connecticut Green Bank and PosiGen leadership, as well as customers who shared their personal experiences about the benefits of going solar.
“Bolstering energy efficiency, lowering electricity costs, and delivering reliable energy are just a few of the reasons solar is critical to our state’s clean energy future,” said Senator Blumenthal. “I applaud Solar for All’s efforts to make solar more affordable and accessible for all Hartford families.”
“The Solar for All Hartford campaign demonstrates how a unified partnership, grounded in shared vision and moral commitment, can transform community well-being,” said City of Hartford Director of Sustainability Cecelia Drayton. “By engaging residents meaningfully, the campaign has paved the way for equitable access to solar energy for everyone.”
“While the key environmental and economic impacts can be measured with data, hearing residents talk about using the cost savings from solar to pay other bills or how battery storage prevents the loss of expensive, life-saving medicines during a power outage reminds us why this work is so important,” said Bryan Garcia, President and CEO of the Connecticut Green Bank.
“PosiGen is grateful for our long-term partnerships with the city of Hartford and Connecticut Green Bank that have helped make our “Solar for All” mission a reality in Connecticut,” said PosiGen VP of Public Policy Kyle Wallace. “The affordable rooftop solar and batteries we provide families in Hartford and across the state increase energy affordability, enhance reliability, and are a critical part of Connecticut’s clean energy future.”
“I no longer have to worry about skyrocketing summer bills,” said Hartford resident Dr. Kaydian R.
“It’s very worth it,” said Hartford resident Yahaira A. “I’m so glad I did it because the savings have just been through the roof.”
With hundreds of families already seeing the benefits of solar energy, Solar for All Hartford is proving that smart energy solutions can also be fair, inclusive, and life-changing. The future is bright for homeowners ready to power up and save.
For more information about Solar for All Hartford, visit posigen.com/solar-for-all-hartford.
Solar for All Hartford Celebrates Expanding Solar and Battery Storage Access
/in Community Solutions, Home Solutions, NewsMore than 350 Hartford residents have installed solar energy systems through the program, saving on energy costs
HARTFORD, Conn. (August 6, 2025) – In a powerful display of community and clean energy progress, the City of Hartford, Connecticut Green Bank, and PosiGen hosted a “Solar for All Hartford: Solar Celebration” at a local PosiGen customer’s home on Blue Hills Avenue. The event celebrated the successful Solar for All Hartford initiative, launched in 2018, which aims to help Hartford homeowners save money on energy costs through the installation of solar energy and battery storage systems.
Along with the city’s support, PosiGen and Connecticut Green Bank designed the Solar for All Hartford program to make solar energy and battery storage accessible and affordable to all homeowners, regardless of income level. Since its inception, more than 350 Hartford residents have made the switch to solar energy. In addition to rooftop solar, the program now includes battery storage, an important new component of PosiGen’s proven model. This enhancement gives homeowners greater energy resilience, helping them keep the lights on and meet critical needs.
The celebration featured a speaking program that included remarks from U.S. Senator Richard Blumenthal, City of Hartford officials, and Connecticut Green Bank and PosiGen leadership, as well as customers who shared their personal experiences about the benefits of going solar.
“Bolstering energy efficiency, lowering electricity costs, and delivering reliable energy are just a few of the reasons solar is critical to our state’s clean energy future,” said Senator Blumenthal. “I applaud Solar for All’s efforts to make solar more affordable and accessible for all Hartford families.”
“The Solar for All Hartford campaign demonstrates how a unified partnership, grounded in shared vision and moral commitment, can transform community well-being,” said City of Hartford Director of Sustainability Cecelia Drayton. “By engaging residents meaningfully, the campaign has paved the way for equitable access to solar energy for everyone.”
“While the key environmental and economic impacts can be measured with data, hearing residents talk about using the cost savings from solar to pay other bills or how battery storage prevents the loss of expensive, life-saving medicines during a power outage reminds us why this work is so important,” said Bryan Garcia, President and CEO of the Connecticut Green Bank.
“PosiGen is grateful for our long-term partnerships with the city of Hartford and Connecticut Green Bank that have helped make our “Solar for All” mission a reality in Connecticut,” said PosiGen VP of Public Policy Kyle Wallace. “The affordable rooftop solar and batteries we provide families in Hartford and across the state increase energy affordability, enhance reliability, and are a critical part of Connecticut’s clean energy future.”
“I no longer have to worry about skyrocketing summer bills,” said Hartford resident Dr. Kaydian R.
“It’s very worth it,” said Hartford resident Yahaira A. “I’m so glad I did it because the savings have just been through the roof.”
With hundreds of families already seeing the benefits of solar energy, Solar for All Hartford is proving that smart energy solutions can also be fair, inclusive, and life-changing. The future is bright for homeowners ready to power up and save.
For more information about Solar for All Hartford, visit posigen.com/solar-for-all-hartford.
28 High St Apartments Completes C-PACE Financed Solar Project
/in Building Solutions, NewsThe system is projected to save more than $100,000 in energy costs
Built in 1860, the site was originally operated by James Batterson as the New England Granite Company before Batterson formed the Travelers Insurance Company in 1863. The property was recently converted to housing by commercial property investor Constantinos Constantinou with loans through the Capital Region Development Authority and state historical tax credits.
“The Green Bank provided low‑interest, long‑term financing that made the solar installation affordable,” said Constantinou. “The fact that there is essentially no upfront cost facilitates the process.”
“Thanks to flexible terms and lower interest rates, C-PACE is a great option for owners as they navigate the unique challenges of a property conversion,” said Mackey Dykes, Executive Vice President of Financing Programs at the Green Bank. “In addition to renewable energy projects, C-PACE can provide financing for energy efficiency upgrades that can also improve the comfort of an industrial property turned residence.”
Citizens Continue to Drive Strong Investment in Green Liberty Notes Supporting Small Business Energy Efficiency
/in Investment Solutions, NewsEleven consecutive raises have reached the maximum raise amount, more than $3.6 million has been raised cumulatively from investors in Connecticut and across the country
Hartford, CT (July 3, 2025) – CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, successfully closed the thirteenth Green Liberty offering, reaching its maximum raise amount for the eleventh consecutive time. This offering had the highest number of total investors, continuing the trend of strong engagement from previous investors while attracting new investors to participate in the $350,000 raise. In total, more than $3.6 million has been raised from Connecticut citizens and nationwide investors in support of small businesses improving their energy efficiency and reducing their energy costs.
Green Liberty Notes, which are offered quarterly, can be purchased with a minimum investment of just $100. The Notes are offered through Green Bank’s partnership with Honeycomb Credit using their online crowdfunding website. To date, more than 60% of original investments have been $1,000 or less, and more than half of the investors have been Connecticut residents. In total, individuals from 43 states have invested in Green Liberty Notes.
Investments in the Green Liberty offering support Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to reduce their energy costs through efficiency upgrades and zero-interest loans.
As a result of the climate benefits associated with the SBEA program, this Green Liberty offering has been reviewed and designated a Green Bond by Kestrel, a leading provider of external reviews for green, social and sustainability bond transactions and a Climate Bonds Initiative Approved Verifier.
To sign up to receive email notifications about these quarterly offerings, please visit https://www.ctgreenbank.com/greenlibertynotes-signup/
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City of Stamford and Connecticut Green Bank Hosted Workshop on C-PACE Financing
/in Building Solutions, NewsPeter Ludwig talks about the solutions offered by the Green Bank.
Flagship program helps local businesses save money on energy costs while promoting economic growth
STAMFORD, Conn. (June 26, 2025) — Today, the Connecticut Green Bank, in partnership with the City of Stamford and Sustainable CT, hosted an in-person workshop on its C-PACE program at the Ferguson Library in the DiMattia Building. This flagship Green Bank program helps local businesses and nonprofit organizations reduce energy costs and save energy by providing financing options for energy-related building upgrades.
C-PACE, or Commercial Property Assessed Clean Energy, is available for all types of commercial properties seeking energy efficiency or clean energy upgrades, including new and existing buildings, such as manufacturing facilities, offices, retail establishments, houses of worship, nonprofit organizations, multifamily housing and more.
Workshop participants learned how using C-PACE retrofit or new construction financing helps create higher-performing and more resilient buildings through its experienced contractor network. Additionally, participants will discover how to access C-PACE’s attractive, secure, and straightforward financing, which enable commercial property owners to install energy upgrades today and pay for them over time, covering up to 100% of the costs at low-interest rates with terms of up to 25 years.
“C-PACE is transforming how building owners invest in energy efficiency, solar PV and resiliency for their facilities,” said Mackey Dykes, Vice President of Financing Programs at Connecticut Green Bank. “By unlocking long-term, low-cost financing, we’re empowering property owners to make smart upgrades that benefit their bottom line and the environment.”
“We’re proud to partner with Sustainable CT and the Connecticut Green Bank to bring this important event to commercial property owners,” said Caroline Simmons, Mayor of the City of Stamford.
“As energy costs rise and extreme weather becomes more frequent, programs like C-PACE offer practical solutions—providing the financing tools building owners need to invest in energy efficiency, renewable energy, and climate resilience upgrades.”
Since 2013, C-PACE financing has helped building owners complete more than 400 projects, resulting in estimated energy cost savings of nearly $420 million.
“It is important for Stamford’s growing economy to take advantage of these partnerships to ensure we are moving the needle on sustainability,” added Leah Kagan, Director of Economic Development.
“We’re so pleased to have the Green Bank and Sustainable CT bring this advantageous workshop to Stamford,” echoed Danielle Petretta, Environmental Sustainability Coordinator. “These financially supported clean energy and energy efficiency projects help lower our GHG emissions and shrink our carbon footprint citywide.”
For more information about C-PACE, visit www.ctgreenbank.com/building-solutions/c-pace/.
Results of Clean Energy Innovation Analysis Released
/in innovation, jobs, NewsJune 13, 2025 – The Connecticut Green Bank announces the release of two appendices to the 2024 Connecticut Clean Energy Industry Report (CEIR), focused on clean energy innovation in the state and energy-related patents, based on supplemental analysis conducted by BW Research Partnership. While this is a first for the Connecticut report, BW Research has completed similar data collection and analysis for various states.
The data presented in appendix D was drawn from federal datasets for Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), ARPA-E, Office of Science, and SunShot, the Crunchbase investments database, and other Connecticut resources. These innovation investments are categorized into the major clean energy technologies included in the 2024 CEIR to examine investment trends and gaps.
A few key findings are:
In Appendix E, BW Research has pulled patent data related to clean energy through the U.S. Patent and Trademark Office (USPTO) using their custom definition and USPTO’s native coding schema for other states.
These appendices can be found here and the 2024 CEIR is available on the societal impact page of the Green Bank’s website.
Connecticut Green Bank Launches 13th Green Liberty Notes Offering
/in Investment Solutions, NewsPopular crowdfunding model continues to deliver economic and environmental returns
Hartford, CT (May 21, 2025)—CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, today announced the launch of its 13th award-winning offering. To date, more than $3.3 million has been raised from investors across 43 states. Over 60 percent of original investments have been $1,000 or less, and the majority of investors are from Connecticut. The crowdfunding campaign is made possible in partnership with Honeycomb Credit, an online marketplace that connects investors with impact-driven opportunities.
“Green Liberty Notes support our local economy by enabling investors from Connecticut and beyond to directly back energy efficiency for small businesses. We’re excited to continue with our 13th offering and invite investors to be part of a transformative effort that drives growth and resiliency within our communities,” said Bryan Garcia, President and CEO of the Connecticut Green Bank.”
Green Liberty Notes are designed for accessibility, featuring a low $100 minimum investment, a one-year term, and a simple online purchase process. The previous Green Liberty offering, issued through the Connecticut Green Bank’s partnership with Honeycomb Credit, set a new record with more than 90 investments at or below $1,000.
Investments in the Green Liberty Notes offering support Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to lower their energy expenses through efficiency enhancements and interest-free loans. The benefits associated with the SBEA program have been reviewed and verified by Kestrel for their environmental impact.
The previous Green Liberty offering marked the tenth consecutive to surpass its maximum raise amount. Investors are encouraged to act quickly to secure their participation in this latest offering.
For more information or to invest, please visit www.greenlibertynotes.com.
Clean Energy Industry Contributes More Than $7 Billion to State’s Gross Regional Product as Employment Growth Continues
/in jobs, NewsNearly 46,000 workers across 4,500 companies propel Connecticut’s clean economy, according to the state’s fifth Clean Energy Industry Report from the Joint Committee of the Energy Efficiency Board and the Connecticut Green Bank Board of Directors
Hartford, CT (May 20, 2025) – Connecticut’s clean energy industry in 2023 contributed more than $7.01 billion to the state’s Gross Regional Product (GRP) while jobs in this sector grew by 3.9 percent. This job growth accounted for 7.5 percent of Connecticut’s total statewide employment growth between 2022 and 2023, significantly outpacing the state’s overall employment growth, according to the recently released 2024 Connecticut Clean Energy Industry Report. The sector has nearly surpassed 46,000 workers, climbing above pre-Covid-19 employment levels, and the state has more than 4,500 companies working in the clean energy sector. The energy efficiency subsector remains the largest technology sector in the state’s clean energy industry and was the primary driver of job growth.
This is the fifth industry study produced by the Connecticut Green Bank, Department of Energy and Environmental Protection, Eversource, and United Illuminating, Southern Connecticut Gas and Connecticut Natural Gas, subsidiaries of Avangrid Inc., operating through the Joint Committee of the Energy Efficiency Board (EEB).
“The clean energy industry continues to grow its impact in our state, adding well-paying jobs and bolstering the state’s economy. While the numbers are important, we must also mention the value that these workers and companies provide to our families, businesses, and communities, especially those in the energy efficiency subsector who are helping people save money and reduce the energy cost burden,” said Brenda Watson, Executive Director at the North Hartford Partnership and Chair of Connecticut Green Bank and Energy Efficiency Board joint subcommittee. “Despite positive trends in employment growth, challenges remain in filling skilled labor positions and bringing females and historically marginalized groups into the clean energy sector. As advocates, we need to prioritize these areas of potential growth and continue to support programs that sustain this demand for workers.”
This analysis from BW Research shows employment divided into five major technology sectors, their component sub-technologies, and industry or value chain segment. The five sectors are: energy efficiency; clean energy generation; alternative transportation; clean grid and storage; and clean fuels. All employment data presented is based on the 2024 United States Energy and Employment Report (USEER).
Some other key findings include:
To access the full report, please visit the Green Bank’s societal impact page or download directly. A webinar to discuss the findings will be held on Friday, May 30 at 1 pm. To register please visit https://attendee.gotowebinar.com/register/1955387319245862234.
About the Joint Committee
Pursuant to Section 16-245m(d)(2) of the Connecticut General Statutes, the Joint Committee shall examine opportunities to coordinate programs and activities contained in the plan developed under Section 16-245n(c) (i.e., Comprehensive Plan of the Green Bank) with the programs and activities contained in the plan developed under Section 16-245m(d)(1) (i.e., Conservation and Load Management Plan), and to provide financing to increase the benefits of programs funded by the plan developed under Section 16-245m(d)(1) so as to reduce the long-term cost, environmental impacts, and security risks of energy in the state.
To support the Joint Committee, the following is a principal statement to guide its activities: The Energy Efficiency Board and the Connecticut Green Bank have a shared goal to implement state energy policy throughout all sectors and populations of Connecticut with continuous innovation towards greater leveraging of ratepayer funds and a uniformly positive customer experience.
Contractor Networking Event Presentation – Spring 2025
/in Building Contractors, Contractor Announcements, Energy Storage Solutions, Home ContractorsGreen Bank C-PACE Interest Rate Changes
/in Building Contractors, Contractor AnnouncementsWe have made updates to the Green Bank C-PACE interest rates. Please see below for more information, and click HERE to view the updated rates.
Please note that the rate changes outlined below and linked above are for Connecticut Green Bank-originated C-PACE projects only. They are not reflective of the rates provided by other C-PACE capital providers.
NGEN Update for Solar PV Projects
/in Contractor Announcements, Home ContractorsWe have recently adjusted the upfront requirements when submitting a Smart-E job in NGEN for Solar PV projects. You will not be required to submit the Utility Interconnect Application (the RRES application) when submitting a Smart-E Job, it’s now noted as optional (see screenshot).
You can still provide us with the Utility Interconnect Approval letter to receive an additional disbursement (review more about that here), but we request that you submit this in a new section (NOT in the COC tab).
To do this: open the Job in NGEN, scroll to the “Documents” area and upload the Interconnect Approval letter by selecting “Upload Document” then select “Choose File” in the pop-up window (green arrows in screenshot), then close the pop-up box and select “Save Changes” (orange arrow in screenshot). This will save that document to the portal and notify the Smart-E team to review that document, we will then notify the lender to release an additional disbursement.