The Colorado Clean Energy Fund is a specialized, nonprofit intermediary developed as a collaboration between the Colorado Energy Office, the Department of Energy, and the Coalition for Green Capital. The Fund deploys investment capital to connect individuals and organizations undertaking clean energy projects with traditional
Florida offers a sales and use tax exemption for machinery and equipment used in the production of steam energy resulting from burning green hydrogen and other renewable fuels. The exemption further extends to the purchase of machinery and equipment primarily used in the production, storage,
The Illinois Finance Authority administers the Illinois Climate Bank. The Illinois Climate Bank provides bond financing for renewable energy and energy resilience projects through a range of programs including the Grid Resilience Grant, the State Small Business Climate Initiative, and the PACE bond program.
The Maryland Renewable Energy Portfolio Standard Program requires electricity suppliers to source 50% of their retail electricity sales by 2030 from renewable energy sources. Of this 50% of retail electricity sales, a minimum of 35.5% must come from Tier I resources, a minimum of 14.5%
This incentive program reimburses facilities in Minnesota producing advanced biofuels, defined as fuels produced from non-food, non-feed, sustainably-grown feedstocks and agricultural wastes. The biofuels must reduce greenhouse gas emissions at least 50% compared to fossil-based alternatives, among other requirements. Facilities must have expanded or begun
Facilities in Mississippi using biomass or solar energy and receiving more than $100 million of capital investment can apply to their County Board of Supervisors to be exempted from up to 50% of their property tax. This exemption opportunity is set to expire on July
Local governments in New Hampshire can offer local property tax exemptions for renewable generation facilities and energy storage systems. The exemption amount is determined by the assessed value of the system.
The Nevada Clean Energy Fund increases the pace and amount of financing available for qualified clean energy projects in the state. It is functionally a Green Bank, as it seeks to help deploy renewables such as solar and geothermal using a variety of financing structures.
The Ohio Air Quality Development Authority (OAQDA) administers the Clean Air Improvement Program. The program provides financing for pollution control projects, energy efficiency projects, and renewable energy projects through bond financing. The OAQDA is also authorized to approve tax exemptions up to 100% on tangible
Through the Agricultural Energy Program, agricultural entities interested in installing energy efficiency and renewable energy projects can receive grants of up to $20,000. Eligible technologies include biomass, thermal storage, solar thermal, geothermal, and HVAC systems, among others. Renewable energy technologies that are not listed in
