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HARC MOU with the Clean Energy Fund of Texas

Clean Energy Fund of Texas and HARC Join Forces to Advance the Green Economy, Create Jobs

The Clean Energy Fund of Texas announced a Memorandum of Understanding with HARC, a venerable Houston sustainability research group. The MOU will allow the first “green bank” in Texas and the researchers to team up as they seek federal funding to drive the clean energy economy.

“We are excited to join forces with the team at Clean Energy Fund of Texas as they drive green investment in low-income and disadvantaged communities,” said John Hall, President and CEO of HARC. “Our research expertise and experience in managing state and federal grants for 40 years,  combined with the innovative financing models Clean Energy Fund of Texas is deploying will be a true benefit to Texans.”

The long-term agreement allows the groups to share technical services, personnel and contacts as they help Texans from all backgrounds participate in the green economy. Currently there is federal funding available for green banks like the Clean Energy Fund of Texas through the Inflation Reduction Act of 2022 and other channels.

“It’s an honor to work with the esteemed researchers at HARC, who have been studying sustainability for decades,” said Stephen Brown with the Clean Energy Fund of Texas. “Together we can be even more effective at kickstarting investments in solar power, retrofits and other technologies that help create the green workforce of tomorrow.”