The power company is using state renewable energy credits and federal investment tax credits to finance the 33 total projects at schools, correctional facilities and municipal buildings that will generate roughly 100 kilowatt-hours (kWh) each. But by installing the solar energy systems in poor areas, Main Street Power will also be able to utilize federal development tax credits.
financing's tag archives
Bringing Benefits of Solar to Colorado’s Poorer Neighborhoods
Modesto’s Mercer Foods California Solar Installation Complete
How fast can a solar installation be completed? If you’re talking about DRI Energy, the answer is 33 days.
Solar Power to Meet Half the Energy Needs of ASU West Campus
ASU is taking on a brand new, 17,000-panel solar energy installation, this time at its West campus in Phoenix, Arizona. 10,000 of those panels will be installed in the form of a shade canopy over the top of three of the campus’ south-facing parking lots. The other 7,000 panels will stand to the left of the parking lots in an open field where poles will be punched into the ground to hold the panels up to the sun.
Morgan Stanley Creates a Clean Energy Group, Lending Confidence to Clean Tech
Morgan Stanley is opening a new investment banking group focused on clean energy. The move comes after the firm handled ten transactions in the cleantech space worth $2.9 billion last year, according to Bloomberg New Energy Finance.
To date, Morgan Stanley has handled more clean energy initial public offerings (IPOs) than any other investment bank, and [...]
Avoiding Solar Quote Sticker Shock
Often, the first thing someone wants to know about solar is: How much does it cost? When I talk to people about their interest in solar power, I try to emphasize that this is not only a difficult question to answer, but often, it isn’t the correct one to ask in the first place. Having [...]
Solyndra Files for Initial Public Offering
Solyndra, the California-based manufacturer of thin film solar PV in cylindrical tubes, has filed with the SEC for an IPO.
India’s Solar Strategy Announced
Two weeks before Copenhagen, India announces a national solar energy policy, with the ultimate goal of having 20,000 MW of solar energy installed by 2022.
Solar Leasing in Philadelphia
Solar leasing is an emerging business model to bring solar energy to individuals who cannot afford the initial upfront investment. This article looks at Urban Eco Electric, a Philadelphia-based solar leasing company.
White Paper #3: Financing Options for Solar
Interested in installing a solar energy system but not quite sure how to best finance it? In this white paper, we introduce five common approaches: low-interest loans; energy efficient mortgages (EEMs); power purchase agreements (PPAs); leasing; and collective purchasing.
Here it is, available for download (PDF): “Getting Solar: 5 Things Buyers Should Know About Financing a [...]
A brief note on EEMs
Not that the recent economic downturn/crisis/recession/depression/whathaveyou has us in the best mood to be financing large purchases—like solar PV systems. But seeing as federal taxes are due next week (yay), I thought I’d make a quick note on why energy efficient mortgages—or EEMs, for short—make a lot of sense when it comes to bankrolling your [...]
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