Market revenues for solar, wind, biofuels and fuel cell clean technologies were $55 billion in 2006 and are expected to grow to $226 billion by 2016, according to industry research firm Clean Edge (March 2007). The federal government and states agencies are mandating renewable energy projects including Renewable Portfolio Standards (RPS) and offering incentives to make renewable energy more economical and available for consumers. Market revenues for solar, wind, biofuels and fuel cell clean technologies were $55 billion in 2006 and are expected to grow to $226 billion by 2016, according to industry research firm Clean Edge (March 2007). For energy efficiency, the investment market in the United States is estimated to be $200 billion, according to the American Council for an Energy Efficient Economy.
The NxGen Power business model is fueled by investment capital from institutions who want to fund solar and energy efficiency projects in order to tap into the many government incentives that now support such activities. Chief among these:
- Federal renewable energy investment tax credits
- State-specific financial incentives (rebates, incentives, grants and state credits)
- Accelerated depreciation
- Renewable Energy Credits (REC’s)
- Net Income from power purchase agreements
- Proceeds of any sale of solar energy facilities
- On-going asset management and reporting
By assembling and packaging a portfolio of commercial solar projects – all making use of the above programs to generate significant tax and cash benefits – NxGen Power is able to provide investors with very healthy internal rates of return. And, all the while, these investors are doing their part to accelerate the pace of solar adoption and directly combat the ill effects of global warming.
We work with the top tier of solar integration/installation firms in the United States to identify, qualify, design, install and manage a portfolio of financially attractive commercial solar power deployments and energy efficiency opportunities. We focus on projects that share sound economic fundamentals, high quality system components, favorable settings for solar energy production, appropriate structural and electrical conditions, and well-understood, well-mitigated operational, industry and credit risks. NxGen provides investment opportunities for renewable energy projects that range in size from 100kW and up.
If your institution can make use of significant tax benefits, and is hungry for high-quality, solid-IRR opportunities in the renewable energy space, we’d like to hear from you. Contact Investor Relations to request more detailed information.
