The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential,
The Maine Clean Energy and Sustainability Accelerator is a specialized finance program designed to drive private capital into market gaps for goods and services producing low or no greenhouse gas emissions. Qualifying projects include solar, wind, and geothermal projects, projects using fuel cells to store
The Missouri Department of Natural Resources offers emergency loans to public schools, local governments, public hospitals, and public colleges and universities to manage energy equipment failure to replace, repair, and upgrade damaged equipment.
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
The New York Green Bank (NYGB) offers investment opportunities in four areas: Clean Energy Financing Arrangements, Financing Arrangements for High-Performance Affordable Housing, NY Green Bank Eligible Purchaser Pool, and the community Decarbonization Fund – Financing for Disadvantaged Community Lenders. A state-sponsored, specialized financial entity, it
Pennsylvania’s Commercial Property Assessed Clean Energy Program (C-PACE) launched in 2018 and supports business property owners in getting low-interest, long-term loans for clean energy projects, repaid through a property tax. Commercial, industrial, and agricultural properties can qualify for C-PACE financing. Pennsylvania’s C-PACE emphasizes smart buildings,
Texas offers a tax exemption up to 100% for the appraised value of real property arising from a solar or wind-powered device used for on-site energy production and distribution. The law specifies that solar thermal and thermal storage systems qualify for the exemption, and includes
The Washing State Housing Finance Commission’s Sustainable Energy Trust provides loans for energy efficiency and clean energy-related retrofits and new construction. Loan sizes can range from $50,000 to up to $1 million, at interest rates of 2-4%. Eligible applicants include but are not limited to
This is a general tax exemption for properties that deal with electric power. Manufacturers, certain research and developers, and certain electric power generators and distributors qualify for a partial exemption from sales and use tax on the purchase or lease of qualified machinery and equipment
The DC Green Bank is a quasi-government institution helping to use innovative financing mechanisms to lower barriers to renewable energy deployment. It offers several products for residential, commercial, and industrial customers, including the Commercial Loan for Energy Efficiency and Renewables (CLEER) and the Community Impact
