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Monday, September 12, 2011

Connecticut offers $4.5M in solar aid

By James Connolly

Connecticut’s Clean Energy Finance and Investment Authority (CEFIA) today launched a competitive solar photovoltaic solicitation with $4.5 million available to help cover the costs of solar projects.

The funds are being made available under the On-Site Renewable Distributed Generation (OSDG) Program Best of Class, Public Buildings and Affordable Housing Request for Proposals (RFP). That program consists of a competitive solicitation covering PV only and a rolling submission solicitation to help fund renewable energy generating equipment. Solicitations for other types of renewable energy projects will be released later this month.

The funding is designed to enable the owners of the renewable energy systems to break even on their investment over the life of the equipment and earn a fair reasonable return on investment, according to CEFIA.

Eligible applicants include for-profit companies, not-for-profit companies, municipalities, state and federal government agencies, religious organizations, school districts, condominium associations and affordable housing companies.

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