Rocky Hill, Conn., April 11, 2012 —The Clean Energy Finance and Investment Authority (CEFIA) today released a Request for Proposals (RFP) for its new On-site Anaerobic Digestion Pilot Program (Program). Pursuant to Section 103 of Public Act 11-80, CEFIA is charged with administering a three-year $6M Pilot Program. The total funding allocated for all selected Projects under this competitive solicitation is $2M.
The purpose of the On-site Anaerobic Digestion (OAD) RFP is to solicit applications from eligible entities working with experienced renewable energy developers (Applicants). There will be a strong emphasis on evaluating the financial feasibility of each proposed installation (Project) as well as the Applicant’s ability to complete construction of the Project in a timely manner.
CEFIA’s OAD Pilot Program RFP is the only vehicle through which CEFIA will identify and qualify OAD Projects for financial support. This solicitation is designed to offer a number of financial support options in a reverse auction format. Financial support may include a loan, grant, or alternative financing mechanisms – with higher weighting given to Projects that request financing as opposed to grants. Additional Project considerations include feasibility and viability of the proposed project, probability of project development in a timely manner, and other unique ratepayer benefits.
CEFIA will offer financial support for OAD energy generating projects in the developmental stages that have not yet commenced the construction phase. The level of support for individual awards is not a fixed amount based on size or cost; it will vary based on the specific technology, efficiency, and economics of the installation. The intent of the financial support is to enable Project owners to achieve a reasonable “payback” during the life of the Project, with a fair and reasonable return on investment compared with purchasing the equivalent amount of power from the utility.
Prospective Applicants should review the On-site Anaerobic Digestion RFP which contains detailed information regarding the application and evaluation processes, solicitation eligibility, eligible energy projects, and potential areas of financial innovation.
The RFP and application materials are posted at www.ctcleanenergy.com/OAD. Applications under this round of the RFP must be submitted no later than 5:00 p.m. EST, on July 13, 2012. Programmatic questions regarding eligibility will be accepted via email from the release date through July 13, 2012. Questions regarding application processes or timetables may be directed to Dale Hedman, CEFIA Director of Clean Energy Deployment at email@example.com.