25 Jun '14, 11pm

PV-Tech Clinton Global Initiative launches “Feed-Out” solar funding initiative

The Clinton Global Initiative America's Feed-Out Program will help fund numerous projects and programmes throughout the country. Image: Flickr/Center for American Progress The Clinton Global Initiative America, along with Demeter Power Group, have rolled out the first market-based, set-cost funding initiative for PV and renewable technologies. The CGI Commitment to Action’s Feed-Out Program will help distribute more energy to the US power grid through funding a variety of different projects and programs going forward. Michael Wallander, founder and president of Demeter Power Group, said: "The Feed-Out Program will bring together independent power producers and financiers to enable the lowest-cost, fixed-price offering for renewable energy. But unlike other similar 'feed-in-tariff' programs, the energy will be used on the customer-side of the meter." The Feed-Out Program wi...

Full article: http://www.pv-tech.org/news/clinton_global_initiative_lau...

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