The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Since the ITC was enacted in 2006, the U.S. solar industry has grown by more than 10,000% – creating hundreds of thousands of jobs and investing billions of dollars in the U.S. economy in the process.

Cardinal Renewables, a strategic partnership between the global investment firm, The Carlyle Group, and Alchemy Renewable Energy has secured a power purchase agreement (PPA) with Direct Energy Business through Twittys Creek Solar, LLC, supporting the construction of its a 14 MWac solar power installation located in Charlotte County, Virginia.

Solar arrays that once sat on barren ground are now festooned with plants that attract bees, birds, and butterflies. Even the US Energy Department is getting into the act. Take a look at four newly minted solar power plants that also have built-in benefits for pollinators.

By developing clean power sources like solar farms, we have the opportunity to provide a better world to live in for generations to come. Take a look at Logansport Solar and its unique benefits to the community as Alchemy Renewable Energy continues to commit to creating a more sustainable future by facilitating all stages of development and operations of solar farms across the U.S.

In 2019 Carlyle’s Renewable and Sustainable Energy Platform led a $100 million commitment to partner with Alchemy Renewable Energy on a newly-established company, Cardinal Renewables, to develop, acquire, finance, and operate solar power generation projects throughout the United States – including a dozen operating assets and a pipeline of development projects.

Industry experts in solar production risk kWh Analytics, DNV GL, PV Evolution Labs, Borrego Solar, Clean Power Research, Heliolytics, Clean Energy Associates, Strata Solar, Wood Mackenzie Power & Renewables, and SunPower have partnered to publish the new ‘Solar Risk Assessment 2019’ report to advance the solar industry.

While the shutdowns related to COVID-19 have had catastrophic effects on countries around the world, scientists have found the effects on the environment to be quite the opposite. As factories were forced to shut down and travel limited for essential purposes, air pollution levels have dropped to levels not seen in at least 70 years, as reported by The Wall Street Journal.

Alchemy Renewable Energy, a high growth portfolio company of Monarch Private Capital that owns and operates renewable energy facilities, is pleased to announce the financial closing for a 44.51-Megawatt (DC) solar, renewable energy portfolio across Indiana, with joint venture partner Telamon Enterprise Ventures LLC (TEV).

Monarch Private Capital (MPC), a nationally recognized tax-advantaged investment firm that develops, finances, and manages a diversified portfolio of projects that generate federal and state tax credits, including ESG investment opportunities that provide a quantifiable impact, is pleased to announce their membership in the American Council on Renewable Energy (ACORE).

Global investment firm The Carlyle Group (NASDAQ: CG) and renewable energy company Alchemy Renewable Energy today announced that Carlyle, through its newly-established affiliate Cardinal Renewables, has made a $100 million commitment to partner with Alchemy to develop, acquire, finance and operate solar power generation projects throughout the United States.

This tax incentives webinar answers many questions about the benefits of the new OZ program, what to look for in an OZ fund, how to evaluate fund managers, and why now is the time to seriously consider investing. Billy Huger, Managing Director of MPC Advisors, has vast experience in alternative investment strategies and he shares many of his insights on OZ funds in this video.

Alchemy Renewable Energy (ARE), a high growth portfolio company of Monarch Private Capital that owns and operates renewable energy facilities, today announced the commercial operation of the 3.5 MWac Ephrata Solar photovoltaic project, located in Lancaster County, Pennsylvania.

Industry experts in solar production risk kWh Analytics, DNV GL, PV Evolution Labs, Borrego Solar, Clean Power Research, Heliolytics, Clean Energy Associates, Strata Solar, Wood Mackenzie Power & Renewables, and SunPower have partnered to publish the new ‘Solar Risk Assessment 2019’ report to advance the solar industry.

A four-part series exploring how to value and diligence a solar development pipeline. This series will consider commercial and industrial (C&I) and utility-scale pipelines and will not address residential pipelines.

Southern Sky contracted with Conti Solar to design and construct the facility and the project received a capital investment from Captona Partners, a New York-based investment company specializing in power generation and energy infrastructure assets. Monarch Private Capital and John Hancock have also invested in this portfolio of renewable energy projects.

The New Jersey Sports and Exposition Authority (NJSEA) formed the Historic Boardwalk Hall, LLC and then later Pitney Bowes entered into a tax-equity partnership with the NJSEA. As part of the tax-equity partnership, Pitney Bowes would benefit by receiving a 99.9% ownership interest in the Historic Boardwalk Hall, LLC entity and be allocated historic rehabilitation tax credits that were generated by the partnership entity.

As sunlight hits the solar panels, the photovoltaic energy is converted into direct current electricity (DC). The direct current flows from the panels through inverters and is converted into alternating current (AC). Finally, the electricity travels through transformers, and the voltage is boosted for delivery onto the distribution system.

Project development is known to be a complex engagement in which the rules and variables regularly change. One of the most important variables for a developer to track is the availability of capital. Leveraging their experience working with investors, kWh Analytics built a simple, free tool to help developers assess the investor landscape and find the right partner for their projects.

Known throughout the industry as the must-have guide for solar tax and finance issues, the Solar Energy Industries Association (SEIA) is now releasing Version 9.0, the first comprehensive update of the SEIA Solar Tax Manual since 2016.

An interactive presentation on the history of solar tax credits.

A Tariffs – Solar Overview

The Commence Construction Guidance is a brief summary that clarifies the eligibility requirements applicable to the Investment Tax Credit.

Read an overview of the Recapture of Solar Investment Tax Credit (ITC).

Vikram Solar panels used in 4.2-MW tracking project in North Carolina.