Content related to ‘renewable-energy’
Powered by Li-on batteries, EcoBlade provides energy reserves when electricity is most needed in a facility.
Colorado’s New Energy Improvement District has launched a statewide commercial Property Assessed Clean Energy (C-PACE) program – providing commercial property owners a unique mechanism to finance energy efficiency, renewable energy, and water-conservation improvements. The C-PACE program offers commercial property owners the opportunity to spread energy and water project costs over a term of up to 20 years, and repay them through an assessment on their property tax bill, with no upfront capital outlay. “Commercial buildings currently account for about 20% of Colorado’s energy use. Colorado’s commercial PACE program offers a financial tool to help spur energy efficiency and renewable energy investments in our state’s building infrastructure, providing long-term utility savings, while stimulating the economy,” said Paul Scharfenberger, chairman of the New Energy Improvement District board. The program provides financing for a variety of improvements, including new heating or cooling systems, lighting, water pumps, insulation, solar panels and other renewable energy projects. Typical long term C-PACE financing covers 100% of a project’s cost and is repaid, for up to 20 years, in semi-annual payments that are structured as a regular line item on the property tax bill. When a property is sold the PACE assessment stays with the property and transfers to the new owner who, in turn, enjoys the ongoing utility cost-savings associated with the project. Sustainable Real Estate Solutions (SRS) was competitively selected as the Colorado C-PACE administrator and will oversee an open, competitive lending model that makes it possible for a wide variety of capital providers to participate. All projects will be financed entirely with private funds, allowing local lenders, national banks, and PACE capital providers an opportunity to finance projects. “C-PACE provides commercial and industrial building owners with an attractive way to finance capital intensive building modernization projects. The resulting energy savings typically outweigh the annual assessment payment thereby enabling cash flow positive projects,” said Brian J. McCarter, CEO of SRS, administrator for the Colorado C-PACE program. Eligible properties include office buildings, hotels, retail, agricultural, non-profits, industrial buildings and multi-family properties – with five or more units. Projects must be located in counties that have opted to participate in the program. Boulder County has opted-in, and several other counties around the state already have indicated that they plan to participate. For more information, visit the Colorado C-PACE website. Related articles across the web Other posts by Real Street Tech
AASHE has launched the Green Gigawatt Partnership (GGP), which seeks to catalyze one gigawatt of green power development by 2020 by recognizing colleges and universities who purchase green power and help more campuses do the same.
Of the 15 firms profiled, three emerged as Market Leaders and 12 followed closely as Contenders.
In an effort to streamline the purchasing path, nearly 20 large companies have signed onto the Corporate Renewable Energy Buyers’ Principles.
How feasible is it for facilities to achieve 100% renewable energy use?
Funding options are increasing for facility managers who want to pursue a cleaner power supply. From the October 2013 issue.
Siemens Energy has developed a free online game that challenges the user to design a sustainable energy system for a city.
According to GlobalData’s findings, the global microgrid industry is anticipated to reach a value of US$18.9 billion in 2020 from a 2012 value of US$5.3 billion.
On this 4th of July, read about a group of companies recognized for their products made in the United States.