Our double-digit growth in alternative energy is testament to the problem-solving skills and vast resources in preconstruction, quality control and scheduling we bring to these highly complex projects. A growing number of entities are taking advantage of incentives, such as the Business Energy Investment Tax Credit, to transfer over to solar solutions. We are the Engineering Procurement and Construction (EPC) provider of choice for municipalities (education and water projects, for example) and private clients throughout the country. Our extensive experience and knowledge in planning and constructing large-scale infrastructure projects to help owners navigate the intricacies of Federal and State regulatory agencies are a great benefit to solar energy providers.
Our primary areas of focus in alternative energy are large solar farms–between 5 and 200 megawatts–and commercial and urban solar solutions, including photovoltaic installations on rooftops of existing buildings.
A Solar Power Purchase Agreement (SPPA) is a financial arrangement in which a third-party developer owns, operates, and maintains the photovoltaic (PV) system, and a host customer agrees to site the system on its roof or elsewhere on its property and purchases the system’s electric output from the solar services provider for a predetermined period.
This financial arrangement allows the host customer to receive stable and sometimes lower cost electricity, while the solar services provider or another party acquires valuable financial benefits such as tax credits and income generated from the sale of electricity to the host customer. Source: epa.gov.