Green bank

ImpactAssets and Partners Extend $12M Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities

Retrieved on: 
Tuesday, August 15, 2023

The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.

Key Points: 
  • The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.
  • The PosiGen initiative aligns to multiple ImpactAssets climate finance imperatives by accelerating the adoption of renewable energy and ensuring that deployment is equitably distributed to all communities.
  • With this financing, PosiGen will deploy thousands of residential solar energy systems paired with energy efficiency upgrades in low- and moderate-income communities, reducing energy burdens for those customers while contributing critical progress toward decarbonization.
  • “Financing a just energy transition is one of our core impact objectives as we activate more and more capital for climate solutions.

CPower Awarded 2022 Green Bank Award, Recognized as Early Adopter for Energy Storage Solutions

Retrieved on: 
Thursday, April 27, 2023

BALTIMORE, April 27, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has been awarded a 2022 Green Bank Award for being an Early Adopter in Energy Storage Solutions. As one of the first approved Eligible Contractors, CPower was among the first to submit a storage project to Energy Storage Solutions. The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.

Key Points: 
  • BALTIMORE, April 27, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the national leader in unlocking the value of customer Distributed Energy Resources (DERs), today announced that it has been awarded a 2022 Green Bank Award for being an Early Adopter in Energy Storage Solutions .
  • As one of the first approved Eligible Contractors, CPower was among the first to submit a storage project to Energy Storage Solutions.
  • The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.
  • "CPower has been a tremendous partner to the Connecticut Green Bank and Energy Storage Solutions," said Sergio Carrillo, Managing Director of Incentive Programs at the Connecticut Green Bank.

Growth Opps Strengthens Executive Leadership with Jose A. Vasquez as New Chief Marketing Officer

Retrieved on: 
Thursday, December 22, 2022

CLEVELAND, Dec. 22, 2022 /PRNewswire/ -- Growth Opportunity Partners (Growth Opps) is pleased to announce the appointment of Jose A. Vasquez as its new Chief Marketing Officer (CMO), effective immediately.

Key Points: 
  • CLEVELAND, Dec. 22, 2022 /PRNewswire/ -- Growth Opportunity Partners (Growth Opps) is pleased to announce the appointment of Jose A. Vasquez as its new Chief Marketing Officer (CMO), effective immediately.
  • Growth Opportunity Partners appoints Jose Vasquez as CMO, leveraging his 20 years of marketing and tech expertise to drive growth and success for the organization.
  • "I am extremely excited to join Growth Opps and help drive the organization's growth and success," Vasquez said.
  • "We are thrilled to have Jose join our team as Chief Marketing Officer," said Michael Jeans, CEO of Growth Opps.

Growth Opps CEO Joins Coalition for Green Capital Press Conference

Retrieved on: 
Wednesday, December 21, 2022

WASHINGTON, Dec. 21, 2022 /PRNewswire/ -- Growth Opps CEO, Michael Jeans, has been selected to join the Coalition for Green Capital (CGC) in their media coverage of their recent filing with the Environmental Protection Agency (EPA) on their Greenhouse Gas Reduction Fund.

Key Points: 
  • WASHINGTON, Dec. 21, 2022 /PRNewswire/ -- Growth Opps CEO, Michael Jeans, has been selected to join the Coalition for Green Capital (CGC) in their media coverage of their recent filing with the Environmental Protection Agency (EPA) on their Greenhouse Gas Reduction Fund.
  • "I am honored to be a part of this moment to contribute to equitable clean energy financing," said Michael Jeans, CEO of Growth Opps.
  • Growth Opps established the GO Green Energy Fund which is the country's first African American led Green Bank and the Green Bank for the State of Ohio, which deploys mission-driven capital to support small to large scale commercial, community, and industrial solar project development in Ohio.
  • About Coalition for Green Capital:
    The Coalition for Green Capital (CGC) is a non-profit organization dedicated to accelerating the transition to a clean energy economy by creating and scaling Green Banks.

THE GEORGE GUND FOUNDATION AWARDS $1 MILLION TO SUPPORT GROWTH OF GROWTH OPPS | GO GREEN ENERGY

Retrieved on: 
Friday, November 11, 2022

CLEVELAND, Nov. 11, 2022 /PRNewswire/ -- Growth Opps thanks the George Gund Foundation for their unwavering commitment to equity and sustainability.

Key Points: 
  • CLEVELAND, Nov. 11, 2022 /PRNewswire/ -- Growth Opps thanks the George Gund Foundation for their unwavering commitment to equity and sustainability.
  • The Foundation awarded $1 million to Growth Opps for the continued growth of GO Green Energy Fund.
  • The George Gund Foundation awarded $1 million to Growth Opps for the continued growth of GO Green Energy Fund.
  • Growth Opps established the GO Green Energy Fund using a Green Bank model that can deploy mission-driven capital to support small - large scale, commercial, community, and industrial renewable energy project development.

CUYAHOGA COUNTY APPROVES $1 MILLION TO SUPPORT GROWTH OPPS | GO GREEN ENERGY FUND

Retrieved on: 
Friday, November 11, 2022

GO Green Energy Fund, the Green Bank for the state of Ohio will support clean energy projects across the state.

Key Points: 
  • GO Green Energy Fund, the Green Bank for the state of Ohio will support clean energy projects across the state.
  • The grant funds provided through Growth Opps | GO Green Energy Fund, the Green Bank for the state of Ohio located in Cuyahoga County, will support clean energy projects aimed at reducing energy burden, particularly in low to moderate income communities.
  • "We are honored to receive this grant from Cuyahoga County and grateful for their recognition of Growth Opps as a leader in the green energy industry," said Michael Jeans, CEO of Growth Opps.
  • Growth Opps established the GO Green Energy Fund using a Green Bank model that can deploy mission-driven capital to support small - large scale, commercial, community, and industrial renewable energy project development.

Radian Generation Expands Rapidly Growing Regulatory Compliance Offering with Acquisition of Cooper Compliance

Retrieved on: 
Monday, November 7, 2022

CHARLOTTE, N.C., Nov. 7, 2022 /PRNewswire/ -- Radian Generation, a global leader of asset management solutions for renewable energy projects, has acquired Cooper Compliance of Folsom Lake, CA. The acquisition adds a talented team and proprietary, database-driven compliance software (Global Audit Ready®) to the company's already robust suite of full project lifecycle asset management offerings.

Key Points: 
  • CHARLOTTE, N.C., Nov. 7, 2022 /PRNewswire/ -- Radian Generation , a global leader of asset management solutions for renewable energy projects, has acquired Cooper Compliance of Folsom Lake, CA.
  • "NERC-managed compliance and cybersecurity services are the fastest-growing segments of Radian Generation's business," said Kellie Macpherson, Vice President of Compliance & Risk Management at Radian Generation.
  • "This acquisition provides expertise and technology that enhance our current offering and allow us to support a wider breadth of customers subject to the NERC standards.
  • "Radian's impressive suite of asset management solutions and dedication to customer care are a great fit for our digital approach to regulatory compliance management," said Mary Jo Cooper, founder of Cooper Compliance.

Schneider Electric and Citizens Energy Activate First-of-its-kind Microgrid at Daughters of Mary Campus

Retrieved on: 
Thursday, September 15, 2022

Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.

Key Points: 
  • Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.
  • "We are so proud to celebrate this massive feat for renewables today," said Kennedy, who joined Citizens Energy to develop new business opportunities.
  • The project transforms the 137-acre campus into a groundbreaking renewable energy hub, using green energy to power four standalone buildings and reduce energy costs for the organization.
  • "I applaud the pioneering vision of the Daughters of Mary to continue innovating the energy system on their campus," DEEP Commissioner Katie Dykes said.

Climate First Bank Increases Access to Eco-Friendly Finance with New Hires

Retrieved on: 
Tuesday, August 30, 2022

The hires are across all job functions, including human resources, project management, commercial and residential mortgage lending, banking and IT support.

Key Points: 
  • The hires are across all job functions, including human resources, project management, commercial and residential mortgage lending, banking and IT support.
  • This is an all-star team of people, Climate First Bank Founder and CEO Ken LaRoe said.
  • Everyone is here because they truly believe in how were able to be a force for good through finance.
  • Climate First Bank is a values-based community bank offering a complete, full-service portfolio of simple and easy-to-use traditional banking products.

Connecticut Innovations Launches VentureClash Climate Edition

Retrieved on: 
Monday, August 15, 2022

NEW HAVEN, Conn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Connecticut Innovations (CI), along with Connecticut Green Bank, the Department of Economic & Community Development, the Connecticut Department of Energy and Environmental Protection, and the Connecticut Public Utilities Regulatory Authority, today announced the launch of VentureClash Climate Edition, a networking and pitch event that brings together companies and thought leaders solving real-world climate issues.

Key Points: 
  • NEW HAVEN, Conn., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Connecticut Innovations (CI), along with Connecticut Green Bank, the Department of Economic & Community Development, the Connecticut Department of Energy and Environmental Protection, and the Connecticut Public Utilities Regulatory Authority, today announced the launch of VentureClash Climate Edition, a networking and pitch event that brings together companies and thought leaders solving real-world climate issues.
  • "The launch of VentureClash Climate Edition coincides with the launch of our newest ClimateTech Fund, which will put $100 million of capital to work," said Konstantine Drakonakis, fund manager of Connecticut Innovations' ClimateTech Fund.
  • VentureClash Climate Edition is looking for international and domestic companies interested in building a presence in Connecticut that offer solutions across, but not limited to, four main industry sectors: energy, water, waste and mobility.
  • Managed by Connecticut Innovations, VentureClash scans the globe for early-stage companies that are looking to land and expand in Connecticut.