Programs for Energy Generation Project Developers
Small Hydropower Initiative
This initiative provides support for the upgrade, rehabilitation, development or redevelopment of ecologically appropriate wholesale hydropower projects through a choice of grants, loans or pre-purchase of renewable energy certificates.
Predevelopment Financing Initiative
This initiative provides
financial assistance to developers as they undertake the high-risk, early-stage
activities related to the development of new renewable energy facilities.
Large Onsite Renewables Initiative
This initiative provides grant funding, through a competitive process, to assist with feasibility studies and design and construction of renewable energy projects, including wind energy, solar photovoltaics, hydroelectric, and biomass energy. Projects must have an installed capacity of greater than 10 kilowatts and consume more than 25% of the renewable energy generated by the project onsite. Grant levels vary based on the characteristics of each project.
Massachusetts Green Power Partnership (CLOSED)
This initiative
helped
developers to secure financing for proposed renewable generation facilities
by guaranteeing a revenue stream from the sale of renewable energy certificates. It is currently closed with no current plans to be reopened.
