Finance
Abacus Property Solutions Selected as New MD-PACE Program Administrator
Abacus Property Solutions, LLC (Abacus) was recently selected by the Maryland Clean Energy Center (MCEC) as the new administrator for the Maryland Commercial Property Assessed Clean Energy (MD-PACE) Program. The selection was made following a competitive procurement process, including a Request for Qualifications issued by MCEC over the summer. As an instrumentality of state, MCEC…
Read MoreNew Smart Energy Investments with Bottom-Line Benefits Program for Rural Maryland Businesses and Farms
A new initiative is aiming to provide farms, forestry operations, manufacturers, Main Street businesses and other rural companies with greater access to energy-saving expertise and related funding in order to improve their bottom lines. The Rural Maryland Council (RMC-MAERDAF) has awarded grant funds for a Capacity Building Project developed by three collaborators: FEWSS Project (Forest…
Read MoreMD-PACE Financing Stronger Communities
How a recent legislative update will unlock resiliency for Maryland A landmark amendment, passed in March, promises to make Maryland one of the most innovative locations for Commercial Property Assessed Clean Energy financing (C-PACE) in the country. Currently active in Washington, D.C. and 26 states including Maryland, C-PACE provides property owners and developers access to…
Read MoreNow Hiring! Loan Program Coordinator
The Maryland Clean Energy Center (MCEC) was created as a not-for–profit corporate instrumentality of state in 2008 through an act of the Maryland General Assembly. The organization reports to a nine member Board of Directors. The mission of the MCEC is to transform the energy economy in the State of Maryland by increasing clean energy…
Read MoreClean Energy Accelerator Could Spur Unprecedented Investment and GHG Reductions
With the potential to leverage $463 billion of investment and create four million jobs in just four years, the proposed federal Clean Energy Accelerator is being described as both the biggest investment opportunity of the century and one of the most potent tools to transition America to a clean energy economy. The U.S. House of…
Read MoreRFP Announcement: MD-PACE Program Design and Administration
The Maryland Clean Energy Center (MCEC) is seeking proposals to provide administration of the Maryland Property Assessed Clean Energy (MD-PACE) Program. The purpose of the Program is to provide increased access to commercial PACE financing in order to assist in achievement of Maryland’s clean energy policy goals. The Program will expand and improve long-term financing…
Read MoreRFP Announcement: Clean Energy Advantage Loan Pilot Program Management
The Maryland Clean Energy Center (MCEC) and the Montgomery County Green Bank (MCGB) have gained approval from the Maryland Public Service Commission to develop and implement the Clean Energy Advantage Pilot Program. As Program Administrators, MCEC and MCGB are seeking a vendor to successfully launch and strategically manage the pilot program. Vendors submitting proposals must submit…
Read MoreManta Biofuel Wins MEIA Pitch Event
Manta Biofuel Wins $1,000 prize from Maryland Department of Commerce at Maryland Energy Innovation Accelerator Pitch Event Owings Mills-based Manta Biofuel was named the Grand Prize winner of the pitch competition during the Maryland Energy Innovation Accelerator (MEIA) 2021 Pitch Competition Finale, held on June 16. The virtual event was the culmination of months of…
Read MoreBenjamin Rupert Joins MCEC as Energy Project & Procurement Manager
MCEC welcomes Ben Rupert as our new Energy Project and Procurement Manager, to expand the technical support and procurement services made available to consumers seeking to develop, build, finance, own and operate clean energy and energy efficiency systems, infrastructure, and technologies. Ben brings more than 15 years of experience developing, creatively financing, and implementing clean…
Read MoreMCEC Welcomes Steven Cowan as New Chief Investment Officer
With the recent hire of Steven Cowan as its new Chief Investment Officer, the Maryland Clean Energy Center (MCEC) team includes a seasoned executive skilled in facilitating access to capital and structured financing for energy projects. Mr. Cowan is a veteran corporate finance professional with over 20 years of work in the energy and renewables…
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