• Senate

    Green Back Act 2016 Introduced in Senate

    The Green Bank Act of 2016 was introduced in the Senate today by Senators Murphy (CT), Blumenthal (CT), and Whitehouse (RI). The Act would create a $50 billion national Green Bank that would provide capital to state and local Green Banks to finance clean energy projects that save money for consumers and businesses. The national […]

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  • News

    Clean Energy Finance News – Monthly Roundup

    NY Green Bank Closes $37.5M Solar Deal with Vivint  “The loan is structured as a medium-term (five-year) note and allows Vivint Solar to recycle capital that can be used for the installation of new residential solar systems in New York. With this loan, the bank says, Vivint is expected to continue to add to its […]

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  • National Green Bank and Infrastructure Bank Meet Different Goals

    A National Infrastructure Bank, once called “the next best idea for the past 25 years,” looks like it may soon become a reality. Infrastructure has received considerable attention this election season, and Hillary Clinton has unveiled her plans for a $25 billion National Infrastructure Bank. The recently introduced Green Bank Act of 2016 has sparked […]

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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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  • CGC’s Resources Page: Full of Excellent Content

    As part of the redesign of CGC’s website, we have now posted many of CGC’s work products and presentations on our new Resources Page. This includes presentations delivered at conferences, lectures delivered at universities, and full Green Bank studies produced in partnership with various state governments. We’ve also linked to excellent Green Bank materials produced […]

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  • PRESS RELEASE: Nation’s First Local Green Bank Designated in Montgomery County, MD

    Yesterday, the nation’s first local Green Bank, the Montgomery County Green Bank, was designated as the County’s official Green Bank by the Montgomery County (MD) Council. The Montgomery County Green Bank will allow residents and businesses in Montgomery County to access low-cost financing for clean energy and energy efficiency projects. In response to the official […]

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  • RI Infrastructure Bank Launches C-PACE

    Rhode Island Follows Connecticut’s Footsteps The Rhode Island Infrastructure Bank (RIIB) has officially launched the state’s C-PACE program. RIIB, Rhode Island’s Green Bank, has followed the Connecticut Green Bank’s successful model of using a centralized statewide PACE administrator. The numbers prove the success of the centralized commercial PACE administration model. Connecticut’s C-PACE program has closed $115 million in […]

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  • PRESS RELEASE: New Congressional legislation would create a National Green Bank

    FOR IMMEDIATE RELEASE: 7/20/2016 WASHINGTON, DC: Rep. Chris Van Hollen (D-MD) has introduced H.R. 5802, the United States Green Bank Act of 2016, which establishes a National Green Bank to provide financing to regional, state, and local Green Banks. Seven Democratic representatives are co-sponsoring the bill: Earl Blumenauer (OR), Matt Cartwright (PA), Gerry Connolly (VA), […]

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  • New CGC White Paper on Green Bank Best Practices

    The Coalition for Green Capital is excited to provide the latest and greatest thinking on the Green Bank concept in its new Green Bank White Paper! The concept of a Green Bank—a financing institution that leverages private capital into clean energy projects—has been around for a while. The Coalition for Green Capital (CGC) has been […]

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  • Value of Green Bank Model Visible in Connecticut Green Bank Deal

    The Connecticut Green Bank (CGB) recently closed on its biggest solar project financed to date—a 995 kW rooftop solar array was installed at Lesro Industries, a local manufacturer. This deal exemplifies the value of the Green Bank model. The CGB sits at the center of the clean energy finance market in Connecticut, and is tremendously […]

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