Financing Resilient Power is a groundbreaking philanthropic effort – a $3.3 million initiative of The Kresge Foundation to accelerate the market development of solar PV plus battery storage (solar+storage) technologies in historically underserved communities. The Foundation’s investment – developed with Clean Energy Group, which will manage the effort – represents the first time a U.S. foundation has committed to use both its grantmaking and endowment resources in a comprehensive strategy to bring these new clean energy technologies to affordable housing and critical community facilities.
This fact sheet provides an overview of the Resilient Power Loan Guarantee Program. (Updated September 2020.)
Read the press release (1/9/2020) about the initiative here.
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Author(s): Robert Sanders
Published By: Clean Energy Group
Project: Clean Energy Finance, Resilient Power Project
Technologies: Energy Storage, Solar+Storage