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@pacefinancing-blog
By Louis-Philippe Lalonde, CMO Ygrene Energy Fund As renewable energy surges into the mainstream, solar technology has rapidly proliferated to disrupt traditional energy consumption, distribution, and storage models in the United States. According to Greentech Media’s Executive Report on “The Future of US Solar” last year, solar could generate 10% of the country’s total electricity
PACE is getting america back to work.
Recently, the owner of the 24-story, 360,000-square-foot PNC Plaza office tower, which is located in downtown Columbus, Ohio, wanted to upgrade the…
great PACE is taking hold in Ohio!
Awesome!
It’s no secret that solar power represents a huge, largely untapped source of electricity production in the US, with a recent study by the Department of Energy estimating that rooftop solar alone could satisfy almost 40 percent of US electricity demand.
Now San Francisco is boldly pushing ahead to seize the potential of solar, after the city’s board of supervisors voted unanimously on Tuesday that all new buildings will now be required to install solar panels on their roofs.
Lancaster and Sebastopol, both smaller cities in California, also have this requirement, but San Francisco will now be the first major American city to make solar mandatory for new residential and commercial constructions.
“By increasing our use of solar power, San Francisco is once again leading the nation in the fight against climate change and the reduction of our reliance on fossil fuels,” said supervisor Scott Wiener, who proposed the legislation.
“Activating under-utilised roof space is a smart and efficient way to promote the use of solar energy and improve our environment. We need to continue to pursue aggressive renewable energy policies to ensure a sustainable future for our city and our region,” he added.
Continue Reading.
Why do some people need renewable energy to me mandatory?
In six hours, the world’s deserts receive more energy from the sun than humans consume in a year
If only there was a way to finance this...
Great video explanation of how PACE Financing Works.
Property assessed clean energy (PACE) is a means of financing energy efficiency upgrades or renewable energy installations for buildings. Examples of upgrades range from adding more attic insulation to installing rooftop solar panels.
Wikipedia
