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Featured studies on projects that are similar to yours based on your selections. These case studies provide a deeper look at LMI community solar projects that took unique and effective approaches to financing and implementation.
Private foundations or corporations provide grants for renewable energy development. Grants may be offered geographically or to specific segments of the population, especially low- and moderate-income, BIPOC, and environmental justice communities. Many foundations are focused on climate and equity, providing significant opportunities to fund community solar projects that serve these communities. Most foundations publish Requests for Proposals (RFPs) that announce project eligibility requirements, funding limits, as well as the requirements and timelines for submitting your proposal.
Grantsmanship: https://www.tgci.com/funding-sources
In this model, donations or investments are sourced from individuals or organizations, usually consisting of small donations from many donors. New community and crowdsourced financing models for solar will expand the availability of cheap capital -- if regulatory risk can be cleared.
Many states offer incentives for solar and other renewables, including rebates, grants, tax credits, RECs, or other incentives. These incentives are typically based on the projected system capacity or energy production from qualified renewable generation systems. In some markets they take the form of rebates or a lump sum value for qualified system types. There are several resources available that catalog these incentives by state and by type. These are a good place to start. Otherwise, contact your state’s Energy Office or Dept. of Economic Opportunity to learn more about what is available for your project.
DSIRE: https://www.dsireusa.org/
EnergySage: Solar rebates and incentives
NC Clean Energy Technology Center: Database of State Incentives for Renewables & Efficiency
