Hartford Business Journal March 17, 2016 The Northeast region hydrogen and fuel cell industry experienced significant growth over the last four years based on several factors such as employment, revenue and investment, labor income, and state and local tax revenue. In 2015, the hydrogen and fuel cell supply chain contributed nearly $1.4 billion in revenue […]
Fuel Cell, HBJHartfordBusiness.com September 1, 2015 Stamford clean energy financier Greenworks Lending has closed four projects totaling $1 million under the Connecticut Green Bank’s C-PACE program, marking the first time such projects have been directly financed by a private lender. C-PACE (Commercial Property Assessed Clean Energy) allows commercial building owners to obtain low-interest, long-term loans with no […]
C-PACE, Green Guide, HBJHartfordBusiness.com August 18, 2015 California fuel cell maker Bloom Energy will provide one of its units to power the Hartford microgrid the city received $2.1 million in state money to start. Hartford selected Bloom over Connecticut fuel cell manufacturers FuelCell Energy of Danbury and Doosan of South Windsor. Part of the reason Gov. Dannel P. […]
Doosan, FuelCell Energy, HBJHartfordBusiness.com August 18, 2015 The Connecticut Green Bank has become the first government agency to successfully use private crowdfunding to provide private financing for solar incentive programs. The Green Bank packaged $1 million of its loan programs and sold that bundle to solar crowdfunding platform Mosaic, which in turn offered it to its individual investors. […]
Green Bank, HBJHartfordBusiness.com By: Brad Kane Connecticut’s attempts to create a self-sustaining clean energy industry that no longer needs government subsidies are being undercut by the state’s own laws, stifling millions of dollars in potential projects. The latest snag has to do with virtual net metering (VNM), a subsidy-free program created in 2013 that allows certain utility […]
HBJ, SolarCT Green Guide Weekly May 12, 2015 Hartford/Boston utility Eversource Energy scored last in a national ranking for customer satisfaction among investor-owned utilities, according to a report released Tuesday. Michigan survey firm American Customer Satisfaction Index in its report Tuesday scored Eversource a 66 out of 100 for how its ratepayers felt about the utility. […]
Eversource, HBJHartfordBusiness.com April 10, 2015 South Windsor clean energy manufacturer Doosan Fuel Cell has named Sathya Motupally as the first ever chief operating officer for newly acquired company. Motupally previously served as the company’s vice president of research, originally starting with the fuel cell maker in 2002 when it was owned by Farmington conglomerate United Technologies […]
Doosan, Fuel Cell, HBJHartfordBusiness.com February 19, 2015 Connecticut should increase its fuel cell generation six-fold by 2025, according to a report Thursday released by a group of New England energy companies. The Northeast Electrochemical Energy Storage Cluster (NEESC), which is administered by the Connecticut Center for Advanced Technology in East Hartford, said policymakers should pay attention to the […]
HBJHartfordBusiness.com February 10, 2015 Connecticut’s C-PACE program allocated $65 million for more than 90 energy efficiency and renewable energy projects in its first two years, according to a report by administrator Connecticut Green Bank. The Commercial Property Assessed Clean Energy program allows business property owners to make energy upgrades with no upfront costs by providing […]
C-PACE, Connecticut Green Bank, HBJHartfordBusiness.com January 23, 2015 Doosan Fuel Cell America, which bought South Windsor’s ClearEdge Power out of bankruptcy in July, said Thursday that its workforce has grown to 180 and should be at 300 by the end of the year. ClearEdge had approximately 300 employees when it closed, and laid off many of them. Doosan said […]
Doosan, FuelCell Energy, HBJ