Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing in the U.S., has announced the nation’s first-ever “green bonds” securitizing PACE bonds. This is Renovate America’s fifth securitization of PACE bonds in the U.S., issuing $201,532,000 in Class A Notes rated AA (sf) by Kroll and AA (sf) by DBRS, and represents 8,939 home improvements made that reduce energy or water consumption or produce renewable energy.- The Cleantech Open has announced Vartega Carbon Fiber Recycling LLC as the recipient of the National Emerging Technology Award at its 2015 Global Forum at Herbst Theatre on November 19th.
- A startup company in the New York University Tandon School of Engineering clean-tech incubator called NYC ACRE recently launched a design and technology race to build the first beautiful solar panels. In the latest step toward reality, the U.S. Department of Energy (DOE) announced it will help take Sistine Solar’s technology the last mile, to production, by means of a $1 million grant. The grant is part of DOE’s SunShot Initiative.
- The U.S. Department of Energy (DOE) and Israel’s Ministry of National Infrastructure, Energy and Water Resources (MIEW) have selected six projects to receive $5.1 million under the 2015 Binational Industrial Research and Development (BIRD) Energy program. Each project is conducted by a U.S. and an Israeli partner. Selected projects address energy challenges and opportunities of interest to both countries, while focusing on commercializing clean energy technologies that improve economic competitiveness, create jobs, and support innovative companies.
