The US Department of Energy Solar Energy Technologies Office announced that CESA will receive funding for a three-year project that will build on three innovative low- and moderate-income (LMI) solar access and finance initiatives. The project will further develop these models and promote them in additional locations. The three initiatives are: (1) Efforts by Connecticut Green Bank to document the creditworthiness of LMI single-family homeowners and attract financial institutions, most notably PosiGen, to offer financing to the LMI solar market; (2) New Mexico State Energy, Minerals & Natural Resources Department efforts to develop “PV-on-a Pole” prototypes to be manufactured inexpensively and installed widely at manufactured homes; (3) Efforts by Clean Energy Group, foundations, and affordable housing organizations to use loan guarantees and other credit enhancements to finance solar+battery storage for multifamily affordable housing. Learn more here.
CESA Awarded Funding for Low- and Moderate-Income Solar Financing Models
March 25, 2019
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