Clean Energy Business Network April 9 Newsletter

Source: Clean Energy Business Network, April 9, 2020



Don’t miss CEBN’s webinar on April 24 covering FEMA’s new program to support more resilient infrastructure and communities.

This week, the IRS released more guidance on the Payment Protection Program, the Senate is at a stalemate over the next relief package, and DOE unveiled $4.5M in funding to train planners in distributed energy.   FEATURED CONTENT
Webinar: Building Resilient Infrastructure & Communities Building Resilient Infrastructure and Communities is a new program through FEMA to help states, local communities, tribes and territories undertake hazard mitigation projects to reduce risks from disasters. Join this webinar on April 24, hosted by the CEBN, Business Council for Sustainable Energy, and National Association of State Energy Officials to learn more about the program and ways it can help communities strengthen energy resilience.

Treasury releases FAQs for Payment Protection Program 
On April 7 the Treasury Department released additional guidance about the Payment Protection Program in the form of FAQs for small businesses and other potential borrowers.
  FEDERAL POLICY UPDATE


Senators disagree over 4th COVID-19 relief package 
This morning Majority Leader McConnell requested unanimous consent to pass a bill that would provide an additional $250B to small businesses for the Paycheck Protection Program. Democrats held up the measure, attempting to advance their own proposal to marry the small business funds with $250B in aid to hospitals and local governments. Congressional deliberations are expected to resume Monday.

DOE to fund $4.5 million training for emergency responders
DOE funding is intended to train resilience and building professionals through its EMPOWERED program to help front line workers easily understand and manage distributed energy systems (solar, energy storage, smart building, and electric vehicles). The deadline for concept papers is May 5th. Register here for an informational webinar on April 16.

Fed mobilizing $2.3T to backstop small business & other loans
In an effort to shore up the Paycheck Protection Program, the Federal Reserve will buy up to $600B in loans from banks that are lending to borrowers through the PPP program. This action is part of $2.3T in financing to bolster businesses, states, and municipalities.
 

    FUNDING OPPORTUNITY
Investor 1:1 Meetings
CEBN has limited spots available for an upcoming 1:1 investor matchmaking event (seed to series B round) hosted by one of our partners. Eligible companies must be startups in the cleantech space ranging from first commercial pilot to first customers. The event is not open to the public. Contact Lynn Abramson to learn more and be considered for invitation.
VIRTUAL EVENTS

Earthx E-Capital Virtual Summit
This interactive virtual conference runs from April 22 to 25, drawing top early-to-late stage cleantech entrepreneurs, investors, and climate partners.

NECEC’s Navigate 2020 Webinar and Podcast Series 
This four-episode series, in collaboration with CleanCapital, will discuss case studies and provide unique perspectives from cleantech leaders, investors, and entrepreneurs.  

Other Events and Activities:

ENERGY NEWS

DE/MD/VA: EDF renewables developing 60MW in solar
Renewable Energy World

HI: Groups see role for DERs in COVID-19 recovery
Utility Dive

NY: First state to establish renewables siting office
Utility Dive

OR: Oregon invests in resilient energy
Renewable Energy WorldTX: Ørsted completes 338MW sage draw wind project
Renewable Energy World

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