Clean Energy Bank Law and Legal Definition
Clean Energy Bank (CEB) is a proposed U.S. federal government corporation for assisting financing, and facilitating the commercial use of renewable energy and energy efficiency technologies within the U.S. HENCE, the motive of CEB is to provide a range of financing support to qualified renewable energy and energy efficiency projects within the territorial U.S. It is proposed to be created by the enactment of Senate bill, the 21st Century Energy Technology Deployment Act, and the Clean Energy Investment Bank Act of 2008. If enacted, the CEB would become the law to distribute new clean energy projects. It is also termed as Clean Energy Investment Bank.