Are Solar Projects in Puerto Rico Eligible for 1603 Funding?

Friday, September 24th, 2010

Question:

Dear Sirs:

We would like to get some information regarding the possible 30% grant under section 1603 for our Solar Photo Voltaic Panel power generation project in Puerto Rico. The project’s first stage size is @ 20 MW.  The project site cleanup is being addressed by the U.S. Environment Protection Agency (EPA), under authority of the Resource Conservation and Recovery Act (RCRA). The cleanup proposal has been finalized. The main concern (question) we have regarding this project is, which we would like to get answer from you is: Is this project, which will be executed in Puerto Rico (Commonwealth) is subject to receive ARRA grant of 30% cash back? It will be highly appreciated if you reply at earliest. Thank You. Best Regards,  Clark (more…)

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Renewable Energy Grants 101: How to Apply for Cash Grants

Sunday, June 27th, 2010

Question:

What is the legal process to submit an application for the Grant in Lieu of the Federal 30% ITC for solar. I am hearing all kinds of stories that you need to have an independent accountant involved for verification, etc, etc.

Would appreciate your take on this.

Thanks,
Tim Owens, Managing Partner, EDGE Energy

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Solar PV Installation: Doing Business with Non-Profits

Tuesday, June 22nd, 2010

Question:

My company has been installing PV solar systems on residential roof tops for several years. Recently, a large church approached us and asked us to install a solar system on their rooftop and then have us lease the system to them over a few years.

As the economy begins to pick up again, we would love to expand our business into this growing market, but are concerned that doing business with non-profit organizations, or even leasing systems to them, may exempt us from enjoying the 30% grant opportunity (under Section 1603) from the federal government.

Could you please clarify if we are eligible for the 1603 grant if we lease a solar system to a non-profit organization?

Thanks,
Solar Installer

(more…)

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