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SubscribeA Question of Scale: Financing Solar's 99%
View this free webinar celebrating launch of the 2011-2012 Sustainable Energy Guide.
Date: Dec, 08, 2011
Time: 1:00pm
Sponsors: Siemens Industry, CH2M Hill, Johnson Controls, SCIenergy, Marylhurst University, Energy Trust of Oregon
Summary
With the release of its 2011-2012 Sustainable Energy Guide microsite, Sustainable Industries hosts this interactive webinar "A Question of Scale: Financing Solar's 99%."
The webinar addresses some of the biggest obstacles to funding mid-scale or community-scale solar projects and explores creative solutions for overcoming those obstacles.
Media coverage of the webinar inclued "Financing the 99% of solar – without 1603," by Clean Energy Authority.
There is enormous opportunity in deploying proven clean energy technologies - yet financing remains the primary obstacle. Larger deals get funding from major banks and investors using tax-equity and other strategies. Yet smaller developers represent the bulk of the clean energy workforce, and the majority of projects on businesses, homes and schools. Expiration of the Federal Investment Tax Credit 1603 Cash Grant program at the end of 2011 will likely drive many of these solar developers out of work, with serious consequences for the emerging clean energy marketplace.
Three expert panelists – Adam Boucher of Adam Capital, Greg Saunders of Tioga Energy, and Matt Scullin of New Resource Bank – offer unique perspectives on the market, as well as examples of how lenders, banks and solar companies can form creative partnerships to get the money where it needs to go in building a diverse, resilient clean energy industry. Moderated by Jen Boynton, Editor in Chief of Sustainable Industries and TriplePundit.
Adam Boucher
As CEO and Founder of Adam Capital, Adam specializes in bridging the financing gaps for distributed scale solar developers. Over the past three years, the company has funded hundreds of projects and provided over $30 million in loans to build clean energy projects around the country. He is a recognized leader in the field of renewable energy finance.
Greg Saunders
Greg Saunders is a 25-year financial veteran with extensive experience raising debt and equity capital. His proven track record as CFO at Tioga Energy includes successful leadership at three publicly traded companies and two private firms in the real estate and structured finance industries. Before joining Tioga Energy, Saunders served as CFO at Codding Investments, a green business investment firm and developer of Sonoma Mountain Village.
Matt Scullin
Matt Scullin, Vice President at New Resource Bank, focuses on providing construction and project financing for a variety of renewable energy projects, including solar, biogas, biomass and energy efficiency. His deep knowledge of the renewables industry allows him to provide innovative financing for complex or unusual projects, including solar construction.
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Sunlight photo by Toum.
