The Connecticut Clean Energy Fund reworked its program for awarding money to solar, wind and other renewable projects to reflect its smaller amounts of funding.
The On-site Renewable Distribution Generation Program can still fund solar photovoltaic projects as well as others including wind, fuel cell, landfill gas, waste heat recovery, biomass and hydropower. The program has $12.86 million available through June 2012.
The program has been reworked to make the awarding of money to projects more competitive, including issuing the Clean Energy Fund’s first requests for proposals. With this new method of getting requests for proposals, the staff can compare the projects and respond to all of them quicker.
The intent of the funding, as it has always been, to help owners of renewable systems breakeven on the high costs of the technology after the energy savings are factored in. Over the past decade, the Clean Energy Fund has awarded more than $77 million to more than 200 projects, mostly solar.
“Our support is a vital ingredient, helping make on-site renewable energy generation a financially viable option for businesses and institutions,” said Dale Hedman, the fund’s acting president, in a statement.
