Clean Energy Finance

Breaking down barriers to resilient, clean energy development through innovative financing solutions.

Access to clean energy is often limited by access to financing.

This is especially true for community-serving nonprofits and lower-income households, who face numerous barriers including credit requirements, limited access to capital, smaller project sizes, and difficulty monetizing tax incentives. Clean Energy Group works to overcome barriers to equitable deployment and ownership of solar, energy storage, and other clean energy resources by supporting project pipeline development, attracting mission-oriented clean energy investment, and advancing new financing approaches to accelerate clean energy development in historically underserved sectors.

Solar Installers
Battery storage system at Clinica Profamilia in San Juan, Puerto Rico. Photo by Clean Energy Group

Who We Serve

Clean Energy Group works closely with affordable housing developers, community-based organizations, health care providers, municipalities, clean energy project developers, and other organizations exploring clean energy development across a portfolio of community-serving projects to assess the economics of solar and battery storage and identify funding and financing gaps. CEG collaborates with financial institutions and philanthropic foundations to develop innovative financing strategies and identify opportunities for grants and program-related investments to catalyze clean energy development in low-income communities and communities of color.

Project Impact

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$3.3 million investment by The Kresge Foundation to accelerate the market development of solar and battery storage projects serving low-income communities, unlocking $96 million in project capital.

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Identification of more than 50 public and private grant and investment opportunities through a comprehensive review of barriers to deploying solar and storage in low-income market sectors.

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Established the Resilient Power Technical Assistance Fund and the Resilient Power Leadership Initiative to fund early-stage project development.

Project Partners

Meet Our Team

Seth Mullendore

President and Executive Director

seth@cleanegroup.org

Photo Credits, top to bottom: Bigstock; US Department of Energy: Clean Energy Group.