State eligible for 'green' stimulus bonds - Boston Business Journal:

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The state Executive Offics of Energy and Environmental Affairs announce d Monday the availability of the Clean RenewableEnerguy Bonds, which are backed by funds from the American Recovery and Reinvestment Act. The federal stimulus will fund $1.6 billionj in new bonds nationwide. As of Amy 19, it was uncleae how much of that money could be headedto “Clean Renewable Energy Bondd are an essential tool for jump-starting the installatiomn of smaller scale solar and wind powef in communities across Massachusetts, supporting job creation and helpinb the Commonwealth reach the ambitious clean energy benchmarkzs set by Governor Secretary of Energy and Environmentapl Affairs Ian Bowles said in a A state task force has already identified a number of solad and other renewable energy projects that could be eligiblee for clean-energy bond funding.
The Cleab Energy Renewable Bond Program was set up by the in 2006 to supporgt public investment inrenewable energy. In Massachusetts, the bondsz are issued through the Executive Office of Administration and Financesor . The first tranche of such bonds was closesd through MassDevelopment inNovember 2007, providinvg $3.1 million to fund solar installations on 12 statde facilities, including prisons, state colleges and the ’s Deer Islandx facility.