Chapter 103 of Section 95-648 of the Maine Code of Rules establishes rules for the Renewable Resource Fund. These rules outline the selection criteria for a competitive bid process for both renewable resource research and development projects at academic institutions as well as renewable energy
Title 36, Chapter 105, Subchapter 4 of the Maine Revised Statutes lists real estate that is exempt from taxation, which includes solar and wind energy equipment that generates heat or electricity.Â
The Maine Clean Energy and Sustainability Accelerator is a specialized finance program designed to drive private capital into market gaps for goods and services producing low or no greenhouse gas emissions. According to Title 35-A, Part 8, Chapter 97 of the Maine Revised Statutes, qualified
The Maine Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. Title 35-A, Chapter 101 of the Maine Revised Statutes defines eligible properties and installations for
In collaboration with the Governor’s Energy Office, the Maine Technology Institute established a $500,000 grant program to encourage clean energy startups and businesses in the state to propose climate and clean energy solutions.Â
Efficiency Maine offers incentives for commercial and industrial users to fund thermal projects that reduce the consumption of natural gas, oil, biomass, and other fuels. Eligible projects will lead to fuel savings related to producing thermal energy for heating, steam production, and hot water. Funding
Efficiency Maine offers funding for manufacturer efficiency projects that reduce the use of natural gas, oil, biomass, and other fuels and with an additional 10% cost share bonus incentive for beneficial electrification and heat recovery projects. Eligible projects will increase thermal energy efficiency.
Maine’s renewable portfolio standard, updated in 2019, requires that 80% of electricity sold in the state be supplied by renewable energy sources by 2030. LD 1494, “An Act To Reform Maine’s Renewable Portfolio Standard”, also established a new renewable thermal portfolio standard to incentivize efficient
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
