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Maryland Clean Energy Center seeks new operating funds, proposes navigators and loan transfers to boost local projects
Summary
The Maryland Clean Energy Center told the Environment and Transportation Committee it needs a larger operating budget and proposed project navigators and a loan-program transfer (House Bills 119 and 245) to expand consumer financing, technical assistance and community solar and charging projects.
Kathy McGruder, executive director of the Maryland Clean Energy Center, told the House Environment and Transportation Committee on Jan. 28 that the center serves as the state’s Green Bank and uses modest public funds to attract private capital for clean-energy projects.
McGruder said MCEC was created by the General Assembly in 2009, is governed by a nine‑member board and operates with an annual operating commitment of about $1.2 million. ‘‘For every dollar MCEC receives from you, $21 is returned to the state's economy,’’ she told members, citing an economic‑impact model used by Salisbury State University.
Why it matters: McGruder framed MCEC as a lever to expand…
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