• Global Green Bank Impact: $25.9 Billion and Counting

    Through 2016, member institutions of the global Green Bank Network have supported clean energy projects valued at $25.9 billion. $7.9 billion was directly invested or committed by Green Banks, with the remainder coming from outside investors. Renewable energy projects represented the majority (78.5%) of Green Bank investments. Earlier this year, CGC reported that US Green Banks had participated […]

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  • Connecticut Green Bank Fact Sheet

    Connecticut Green Bank – Organization Fact Sheet A downloadable pdf of this post is available here. CGC has analyzed the audited financial statements of the Connecticut Green Bank to provide insight into the organization’s financial practices. This analysis focuses on the ability of the Green Bank to retain and leverage public financing. This serves as […]

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  • NY Green Bank Financing Facilitates Liquidity, Solar Project Volume

    Last month NY Green Bank (NYGB) closed on a $37.5 million investment in residential solar, which was part of a larger $313.0 million syndicated credit facility to Vivint Solar.  Through this financing, NYGB and its private investment counterparties have enabled Vivint Solar to recapitalize so that it may complete more residential rooftop solar leases/PPAs in […]

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  • Driving Solar Adoption with More Financing, Less Subsidy

    The goal of any government’s solar policy should be to: Rapidly accelerate solar adoption in order to displace fossil fuel-based electricity; Ensure that solar is cheaper than grid power, so customers save money; and Do so at the least possible cost to taxpayers. Green Banks are aligned with these objectives. Achieving these goals requires enabling […]

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  • Distributed Solar – Part III

    To follow up on the April 8 blog post about distributed solar, we thought it would only be fair to share both sides of the distributed solar roll-out plan. Below is a table comparing reasons for accelerating the distributed solar push and reasons for letting it grow more languidly.   Accelerated Distributed Solar Roll-Out Slow […]

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