75 Charter Oak Avenue
Hartford, CT 06106
700 Canal Street
Stamford, CT 06902
On July 12, the first meeting of the Hydrogen Power Task Force was held virtually. The passage of Special Act No. 22-8 by the Senate and House of Representatives established a task force to study hydrogen-fueled energy in Connecticut’s economy and energy infrastructure. Per the legislation, the study shall include:
Green Bank president Bryan Garcia shall chair the task force which has members representing the electric distribution companies, the building trades, manufacturers of hydrogen-fueled technologies, environmental organizations, the Hydrogen-Fuel Cell Coalition, and more.
For meeting schedule, agendas and more information, please visit https://www.ctgreenbank.com/hydrogentaskforce/
We will host an informational webinar on Wednesday, August 3 at 12 pm to provide updates on the Green Bank and our solutions for homes, buildings, and investments. Learn about Energy Storage Solutions, C-PACE new construction, Green Liberty Notes, and more.
CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, will close their third Green Liberty offering this week. This is the third quarterly crowdfunding campaign launched in partnership with Raise Green, a social and environmental marketplace for impact investing. Investments in the Green Liberty offering support Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to reduce their energy costs through efficiency upgrades and zero interest loans.
As a result of the climate benefits associated with the SBEA program, the Green Liberty offering has been reviewed and verified for its environmental attributes by Kestrel Verifiers.
For more information about the investment opportunity, please visit www.greenlibertynotes.com.
VentureClash Climate Edition is the new green spin on Connecticut’s global venture series for early-stage companies, hosted by Connecticut Innovations, the Public Utilities Regulatory Authority (PURA), the Department of Energy and Environmental Protection (DEEP), and the Green Bank. Companies actively using innovation to solve climate-related issues, specifically in grid, water, waste, and mobility. If selected, companies will receive $5,000 to come to Connecticut and present to key stakeholders, corporate partners, state agencies, investors, and others. The goal is finding top green companies seeking to establish a headquarters in Connecticut to further their success.
For information see this flyer or visit https://ventureclash.com/.
The Connecticut Green Bank was honored as a recipient of the 2022 State Leadership in Clean Energy Awards for its Green Liberty Bond program from the Clean Energy States Alliance (CESA), a national nonprofit coalition of public agencies working together to advance clean energy. Since 2009, the biennial Leadership Awards have recognized outstanding state programs and projects that have accelerated the adoption of clean energy technologies. The six winners were chosen by an independent panel of judges, and were evaluated based on leadership, innovation, cost-effectiveness, and replicability.
Changes to the guidelines for Connecticut’s Commercial Property Assessed Clean Energy (C-PACE) program will create enhanced opportunities for developers of new construction, repositioning, and gut rehabilitation projects to take advantage of this innovative financing tool. Developers and borrowers can now access up to 35 percent of the total eligible construction costs (TECC) in C-PACE financing based on the building’s designed energy performance.