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Community Power Accelerator Round 3

A prize designed to fast-track the efforts of emerging & expanding solar developers & co-developers to grow distributed solar projects
stage:
Informational Webinar
prize:
$10,000,000
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Summary

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This page is dedicated to Round 3 of the Community Power Accelerator. Please note that information about competing teams and prize details for Round 1 and Round 2 of this prize are located on their own HeroX pages. Round 3 of this prize is the only round currently accepting new applications through Dec. 17.

Applicants interested in competing should follow Round 3 on HeroX and read the Official Rules document before submitting any materials. 


The Community Power Accelerator Prize Series

The American-Made Community Power Accelerator Prize is a $10 million prize competition designed tofast-track the efforts of new, emerging, and expanding solar developers and codevelopers to grow multiple successful community-benefiting distributed solar projects.

After the successful launches of the Community Power Accelerator Prize Round 1 and Round 2, the U.S. Department of Energy Solar Energy Technologies Office is excited to open the prize for Round 3. Organizations that have previously won only Round 1 Phase 1 or Round 2 Phase 1 of the Community Power Accelerator Prize are eligible to compete but must include a new portfolio of projects. Organizations that have previously won Round 1 Phase 2 or Round 2 Phase 2 are not eligible to compete in Round 3.

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. 

Round 3 Prize Phases

Prize Phase Duration Anticipated Number of Awards Dollar Amounts  
Phase 1: Ready! 4 Months Up to 25 

$50,000 per winning competitor  

(total prize pool: $1,250,000) 

Phase 2: Set!  6-10 months (anticipated) 

Up to 25 

 

$200,000 per winning competitor  

(total prize pool: $5,000,000) 

Phase 3: Grow! 6-10 months (anticipated) 

Up to 25 

 

$150,000 per winning competitor 

(total prize pool: $3,750,000) 

The Five Meaningful Benefits of Community Solar

One of the key goals of the Community Power Accelerator Prize is to support and grow a robust ecosystem of solar project developers that incorporate meaningful benefits into projects across the United States. The Five Meaningful Benefits below can help build consumer trust and ensure that all U.S. households have the opportunity to meaningfully participate in the clean energy transition.

Each eligible portfolio submitted to Round 3 must include at least one of the following meaningful benefits bolded below:

  • Equitable Access and Consumer Protections (required benefit for portfolio submission)
  • Meaningful Household Savings (required benefit for portfolio submission)
  • Resilience, Storage, and Grid Benefits
  • Community-Led Economic Development
  • Solar Workforce Development

Powering Change Beyond the Prize 

This prize is part of the larger Community Power Accelerator program, an initiative of the U.S. Department of Energy National Community Solar Partnership. It brings together investors, philanthropic organizations, developers, community-based organizations, and technical experts in one online ecosystem to accelerate the deployment of the funds needed to drive a more equitable clean energy transition.  

The Community Power Accelerator online platform will create a pipeline of credit-ready community solar projects—particularly those that provide benefits to underserved communities—and connect them with mission-aligned investors and philanthropic organizations to get funding. 

The prize supports this initiative by providing funding and resources to stand up or expand solar project development practices and develop a pipeline of multiple projects for new solar project developers.  

 


Informational Webinars

On Oct. 1 and Nov. 13, prize administrators will hold an informational webinar on Round 3 of the Community Power Accelerator Prize. During the webinar, the team will provide participants with an overview of the prize, submission requirements, scoring criteria, winner selection process, and more. Prize administrators will also answer audience questions.  

Register for the October or November webinar to learn more about Round 3 of the Community Power Accelerator Prize. A recording of both webinars will be made available on HeroX shortly after each event for those unable to attend the live sessions. 


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.

Challenge Guidelines

Please review the Official Rules for the complete application process and instructions for competing. 

If you want to receive updates on the prize or have any questions, please subscribe by using the contact feature on the HeroX platform or message us directly at .

The American-Made Community Power Accelerator Prize is directed and administered by the National Renewable Energy Laboratory and is funded by the U.S. Department of Energy Solar Energy Technologies Office. Learn more. 

Timeline
Updates6

Challenge Updates

Info Webinar Recording + Upcoming Networking Opportunity

Nov. 15, 2024, 7:30 a.m. PST by NREL Prize Moderator

Interested in learning more about Round 3 of the Community Power Accelerator Prize? A recording of the latest informational webinar, and the corresponding slides covered during the event, are now available in the Resources tab. 

In case you missed the event, there’s still an opportunity to connect with other potential prize applicants and ask your lingering questions about the competition. Join a virtual networking event with prize Power Connector EFN next Tuesday, Nov. 19, from 12–1:30 p.m. ET to get a high-level overview of the prize and learn more about submission best practices. 

Register today to reserve your spot at the networking event!  

As a reminder, all Round 3 submissions are due by Dec. 17 at 5 p.m. ET. Read more about submission materials in the Official Rules document. 

We can’t wait to connect with you soon! 


Info Webinar NEXT Wednesday Nov. 13

Nov. 7, 2024, 2:30 p.m. PST by NREL Prize Moderator

Don’t forget that next Wednesday, Nov. 13, at 1 p.m. ET is your next opportunity to join an informational webinar for Round 3 of the Community Power Accelerator Prize. During the event, the prize administrators will cover: 

  • Important dates and deadlines
  • Competitor eligibility 
  • Submission materials 
  • How to apply through HeroX
  • Other key prize details. 

Plus, there will be a live Q&A at the end of the call to address any lingering questions you may have about the competition. (You can review questions addressed in the October informational webinar in the HeroX forum.) Register for the webinar here!

Can’t make the webinar? You’ll have another opportunity to ask questions (and connect with other potential applicants!) at a virtual networking event hosted by prize Power Connector EFN on Nov. 19 at 12 p.m. ET. Join this event to hear more about submission best practices and meet other applicants looking to team up for Round 3 of this prize. 

Reserve your spot today for the:

We hope to see you at these upcoming events!


Competitor Resource Recap

Oct. 16, 2024, 2:05 p.m. PDT by NREL Prize Moderator

Are you ready to apply for Round 3 of the Community Power Accelerator Prize? Don’t forget about these resources and upcoming opportunities to help strengthen your application. 

Resources

Need a reminder on a specific prize detail? Interested in the questions raised during the first informational webinar Q&A? Find a recording of the October webinar, plus the slides covered, in the Resources tab.  

Also in the Resources tab, competitors have access to several helpful documents including:

Events

Prize Power Connector, EFN, is hosting two exciting networking opportunities for applicants to learn more best practices for submission materials and meet with other potential competitors hoping to team up on an application. The first event is happening TOMORROW, Oct. 17, at 12 p.m

Register today for one or both opportunities: 

Plus, don’t miss out on your next chance to hear more about the competition, including key dates, required application materials, competitor eligibility, and prize pools across each phase. Hear more from the Prize Administrators during the next informational webinar on Nov. 13 at 1 p.m. ET. 

Register for the Nov. 13 webinar! 


Now Available: Informational Webinar Recording + Slides

Oct. 9, 2024, 9 a.m. PDT by NREL Prize Moderator

In case you missed the first Community Power Accelerator Prize Round 3 informational webinar on October 1, a recording of the event, including the slides discussed, can now be found in the Resources tab. 

If you'd like to attend the next informational webinar on November 13, you can register for the event here


Power Connector Networking Opportunities

Oct. 3, 2024, 2:10 p.m. PDT by NREL Prize Moderator

Hey, competitors! Did you know you can receive individualized application support from prize Power Connector Entrepreneur Futures Network (EFN)? EFN is a global non-profit dedicated to empowering the next generation of entrepreneurs and innovators. 

Interested applicants can meet with Tom Jensen, a technology commercialization expert, one on one to ask questions about projects and receive helpful suggestions on application materials. Reach out to Tom from EFN at  for more information or schedule time with him directly. 

EFN is also hosting two exciting networking opportunities for applicants to learn more about the prize and meet with other potential competitors hoping to team up on an application. 

Register today for one or both opportunities: 

We hope to see you there! 


Forum33
Teams196
Resources
FAQ