Sunwealth investments include projects on the roofs of low-income residences, nonprofits and houses of worship.
State officials are considering whether to launch a second request for projects as soon as next month.
A representative for a municipal power group says the climate group’s report makes unfair comparisons.
The Massachusetts program will offer training and other services to student activists across the country.
State officials rejected an incentive that would have paid utilities extra for providing services to renters.