The Market Development portfolio is one of four portfolios associated with the New York State Clean Energy Fund. It provides $2.4 billion in programmatic funding for energy efficiency and clean energy solutions through 2025. Focus areas for the Market Development Portfolio include renewable energy, distributed
The Nebraska Department of Environment and Energy offers businesses low-interest financing for renewable energy and energy efficiency projects for buildings. Electrification projects can receive loans on terms of up to 10 years, and solar thermal and geothermal projects qualify for loans of up to 15-year
The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Under NRS 271.6312, it is specified that improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real
The Nevada Clean Energy Fund seeks to increase 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
The Nevada State Infrastructure Bank is available to provide qualified borrowers with loans and other financial assistance towards the development, construction, and maintenance of various facilities (most relevantly, renewable energy infrastructure). These financing agreements include loan agreements, trust indentures, reimbursement agreements, bonds, and notes. Qualified
The Renewable Energy Tax Abatement came under the jurisdiction of the Governor’s Office of Energy’s jurisdiction in July 2009. It allows for partial sales, use, and property tax abatements for eligible renewable facilities. To qualify, facilities must submit an abatement application to the Office of
The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt-in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss reserve
In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top third of New Jersey municipalities in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within
As of 2009, the Renewable Energy Financing District (REFD) Act allows New Mexico municipalities to create REFDs that repay the costs of renewable energy improvements through assessments on property tax over terms of no more than twenty years. Solar thermal and geothermal systems permanently installed
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.
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
