The cost of pollution is rising as carbon taxes increase worldwide. As these costs coincide with individual consumers and corporations becoming more aware of our carbon footprint and impact on the planet, we're seeing a consumer-driven paradigm shift to focus on products and services that offer little to no negative environmental impact. These changes together are changing the behavior of large corporations and forcing them to consider ways to reduce their carbon footprint, or lose their market share.
As the world begins to wholeheartedly embrace our current climate crisis and make moves to do their part to avert the oncoming crisis, investors are beginning to transition their investments into climate-friendly funds. Recently, the worldwide total included 400 funds that fall into the climate-focused category, with about 25% of those funds coming from the US market.
With a continually growing number of options, how does an investor choose which funds to invest in?
The solar market is heating up as the political climate changes in the USA. Wondering how to take advantage of great returns by investing in solar, but not sure where to start? We've listed a few options for individuals, businesses, and corporations to get started investing in solar.
When you're a homeowner who wants to invest in placing solar panels on their roof, you either float the capital upfront or you finance with the solar company you choose to work with. The same options are available for commercial and industrial (C&I) clients who want to install a solar system at their place of business with the addition of a third option known as third-party ownership: an investor may also finance the project and ultimately own the system, while the business or corporation signs a contract to purchase the electricity produced from the solar project instead of owning the equipment.
Investors in commercial and industrial (C&I) solar projects look for projects that;
1. Have the right tax credit structure and return profile, while passing ESG investment diversity tests,
2. Have a creditworthy offtaker (either investment grade, or with strong historical financials),
3. Use bankable or "Tier-1" equipment, and
4. Can be built correctly and on time.
Sustainability. It's a trending business initiative and seems like it's everywhere these days, making it's way into the C-suite at companies. But beyond this trend, what does sustainability actually mean, and more importantly, how do we translate sustainability goals into actual operational plans?
Sustainability. It's a trending business initiative and seems like it's everywhere these days, making it's way into the C-suite at companies. But beyond this trend, what does sustainability actually mean, and more importantly, what does it look like in action?
Financing Commercial and Industrial (C&I) solar projects can be challenging, and for a myriad of reasons. We share our tried-and-true methods for pushing through each challenge and successfully financing C&I solar projects below.
Microgrids, battery storage, and high efficiency solar panels are the future of renewable energy.
This blog is intended to dive deeper into the subject of tax equity for solar projects. The prior blog opened up with a series of common questions (Solar Tax Equity 101) and answers. In this post, we discuss the most common tax equity structure and touch on why companies choose to invest in tax equity.