Paradise Energy Solutions’ Post

#FinanceFriday - Utilizing Existing Credit Facilities for Debt Financing of Onsite Energy System When it comes to financing an onsite energy system, there are various options available and each has its unique advantages. However, one option that is often overlooked is utilizing existing credit facilities to debt finance your energy system. In the episode 23 of #RenewableRides, James Coombes, Dan Roberts and I discuss the benefits of this approach. Debt financing can be a great option for those looking to reduce upfront costs and spread payments over a longer period of time. It can be particularly advantageous for those with access to cheap existing credit facilities. To learn more about debt financing for onsite energy systems, check out https://lnkd.in/eRacaEk4 #onsiteenergy #finance #debt #solar #storage VECKTA

Plug Power Eyes Conclusion of Crucial DOE Loan Contracts Within Seven Months #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/dQ5zMs5y

Plug Power Eyes Conclusion of Crucial DOE Loan Contracts Within Seven Months #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/dQ5zMs5y

Is your business ready to boost its energy efficiency and save money in the process? Check out our latest article on DOE's new initiative, 'Unlocking $45M for Small Business Energy Efficiency,' to see how Washington, D.C., and five states are taking advantage of revolving loan programs. Perfect for businesses looking to improve their energy usage through audits, upgrades, and retrofits. Don't miss out on this opportunity to make a positive impact on your bottom line. Click the link in our bio to read now! #EnergyEfficiency #FacilityManagement #Facility #Maintenance #RKB247

If you want to get a really big laugh from small businessmen at a Rotary Club meeting this is how you do it: Walk up to a group of the older guys and say: “I’m from the government and I’m here to help you.” They’ll be rolling in the aisles.  Deliver the line skilfully enough and some of them may laugh so hard that they’ll require medical attention. Of course, the idea that business doesn’t benefit from government programs is delusional. A government program protects their bank balances, a government program will step in if their insurance company goes insolvent, Social Security will pay them an old age benefit in retirement, and a government program will send the police if somebody tries to rob them.  And so on. Well, I just stumbled upon a package of programs that I think is on track to do the world a lot of good as we make the transition to a zero-carbon energy economy. They are debt financing programs managed by the Department of Energy’s Loan Programs Office. Chris Creed, chief investment officer of the Loan Program Office, talked at length on a podcast, the “Renewable Energy SmartPod,” from SmartBrief, a division of Future. I quite liked his enthusiasm. He explained the whole point of the program is to help proven technologies scale up to profitability. As Creed explains it the whole point is to “get across that bridge of bankability to full capital markets acceptance.” I was overjoyed to learn that the office is already supporting a green hydrogen-based energy storage project that addresses the challenge of peak production of renewable energy sometimes taking place when there isn’t a lot of demand. The Advanced Clean Energy Storage project project in Delta, Utah (ACES Delta) is the kind of thing I was hoping somebody would get to work on. And there it is! It was one of the office's first projects. Creed explains: “This was a project that took excess renewable generation in California, used transmission to bring that power to Utah. That power was then used to power electrolyzers, which made hydrogen. The hydrogen was then stored in salt caverns and then pumped back out for use in combined cycle gas turbines to generate electricity, again, sent back to California over those same transmission lines ....” This “Renewable Energy SmartPod” provides a thorough briefing on the Department of Energy’s loan programs in straightforward, plain language, along with a fairly transparent explanation of how the loan office evaluates applications. And it is FREE.  Just click and listen. 🌍 🌎 🌏 #renewableenergy #greenhydrogen #departmentofenergy #SmartBrief #Future

Q: How to get solar panels on a budget? A: You can start by visiting Tandem Bank’s Greener Home Improvement Loans page for support. #SolarPanels #GreenerHomes #HomeEnergyEfficiency #TandemBank #WeAreTandem #BankingForAGreenerFuture

Foley recently represented First Citizens Bank as lead debt syndicator in Dimension Energy’s recent $284 million construction and tax equity bridge loan. The financing will support a 122 MWdc portfolio of 30 community solar projects across seven states.

Foley recently represented First Citizens Bank as lead debt syndicator in Dimension Energy’s recent $284 million construction and tax equity bridge loan. The financing will support a 122 MWdc portfolio of 30 community solar projects across seven states.

Foley recently represented First Citizens Bank as lead debt syndicator in Dimension Energy’s recent $284 million construction and tax equity bridge loan. The financing will support a 122 MWdc portfolio of 30 community solar projects across seven states.

Foley recently represented First Citizens Bank as lead debt syndicator in Dimension Energy’s recent $284 million construction and tax equity bridge loan. The financing will support a 122 MWdc portfolio of 30 community solar projects across seven states.