Community Power Accelerator Prize – Round 3
- Open Now
Eligible Recipients:
- Cooperatives
- Faith-based Organizations
- Local Governments
- Native/Tribal Entities
- Non-profits
- Private Sector
- State Governments
Program Purpose:
- Energy Infrastructure
Reserved for Energy
Communities?
Upcoming Milestones:
Informational Webinar: November 13, 2024 at 1 pm EST. Register here.
This prize closes and re-opens with each of its phases.
Bureau/Office:
Funded by:
Overview
Round 3 of the Community Power Accelerator Prize expanded beyond community solar to include other forms of distributed solar energy technologies. The $10 million prize from the DOE is designed to fast-track the efforts of new, emerging, and expanding solar developers and co-developers to learn, participate, and grow their operations to support successful distributed solar projects.
The goal of this prize is to expand a robust ecosystem of distributed solar project developers that incorporate meaningful benefits into projects across the United States.
Round 3 of the prize seeks organizations that have the desire and ambition to develop and finance a portfolio of two or more projects that, in aggregate, total at least 1 MW AC of distributed solar generation. To be eligible, no single portfolio project may exceed 5 MW AC. Distributed solar projects may include but are not limited to:
- Community solar
- Behind-the-meter virtual power plants (VPPs)
- Distributed energy resource (DER) aggregations
- Microgrids
- Commercial and industrial (C&I) solar
- Multifamily projects
- Structured to Accelerate Solar Investments
Through this prize, DOE seeks to increase the number of equitable distributed solar projects by providing:
- Tools and resources to connect developers with both public- and private- sector, project capital to build distributed solar projects using a standardized process.
- Training to build understanding of the full cycle of distributed solar development, including site acquisition, community relations, customer acquisition, financing, costs, and the unique challenges and benefits of a distributed solar model.
- Free consulting services for competitors on the steps necessary to secure the capital necessary to build a portfolio of distributed solar projects.
- Coaching for solar developers interested in expanding customer markets to include low- and moderate-income populations and disadvantaged communities.
By the end of the prize, competitors will be ready to engage with the Community Power Accelerator online platform, which provides a place for competitors to shop their credit-ready projects around to verified project developers, investors, and philanthropic organizations.
Who Can Compete?
The Community Power Accelerator Prize Round 3 is open to U.S. solar developers, including new developers and experienced developers who are expanding their solar operations.
The prize also welcomes solar co-developers, organizations that are partnering with a project developer, and other non-developer organizations to apply. Examples of new developers include (but are not limited to):
- Community-based organizations, such as local community health organizations, community action agencies, houses of worship, and community and economic development organizations, that have real estate portfolios
- Multifamily affordable housing providers
- State, local, and Tribal governments and their agencies, including schools and school districts
- Intermediary organizations such as community development institutions
- General contractors with roofing and/or electrical experience
- Other large real estate holders that may be available for solar deployment.
There are three phases in this prize.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Annual Appropriation