2022 started off strong for Inovateus with a significant investment from Galway Sustainable Capital, a private equity-backed specialty finance company. The investment fully integrated our offerings to include origination, development, EPC, financing, and project ownership, allowing us to better serve our utility, commercial, and solar industry partners. Inovateus already has over 515 MW of solar projects built or under development, with …
By Tim Powers, Research and Policy Associate With the passage of The Inflation Reduction Act of 2022 (IRA) into law, the U.S. is now projected to reduce its carbon emissions 42% by 2030, increase solar deployment fivefold, and create millions of American jobs. It will also make it easier for utilities, businesses, and nonprofits to enjoy the benefits of renewable energy and energy …
By Tim Powers, Research and Policy Associate The vast expansion of solar electricity generation is crucial to achieving the U.S. goal of having 80%emissions-free energy by 2030. Generating that power over the next eight years will require a greatdeal of land. Developing sustainable solar projects requires evaluating the lowest impact on theland with high-efficiency equipment and processes that make the most …
By Tim Powers According to a recent PwC survey of utility executives, 91% of respondents are increasing their investments in Environmental, Social, and Governance (ESG) spending, and 63% expect to reach their net-zero goals by 2050. One-quarter of the survey respondents expect to increase those investments by 50% or more in the next three years. To meet these rapidly developing …
As the solar industry grows, many landowners are discovering that their land can become an asset for solar developers, providing a steady revenue stream over a long-term contract. However, not all land is a good fit for solar development and many landowners have questions about how a solar project might affect their land over 25 years or longer. Inovateus has …
As far as federal energy regulatory policy announcements go, it’s rare for the FERC commissioner to issue major public comments on federal regulation. Then again, FERC Order 2222 is not just any order; upon its release in September 2020, Commissioner Neil Chatterjee called it “a landmark, foundational rule that paves the way for the grid of tomorrow.” Why is this …
Inovateus Solar is proud to have just received the POWER Magazine Top Plant Award for Renewable Energy for our Kokomo Solar One brownfield project, so we’d like to offer some brief guidance on how to turn more brownfield sites into productive solar energy brightfields. What is a Brownfield? A brownfield is essentially a land parcel contaminated by hazardous substances or …
