The stakes are high and so can be the savings with a locally sourced direct to utility solar asset. Your utility and ratepayers, community, property owners and large industrial energy users all stand to win when locally sited solar is added to your grid.

Local Power Companies (LPC) throughout the country, including those able to utilize the TVA Flexibility program, are now eyeing solar as a local power generation source. Rate payers can benefit from solar’s potential to lower costs. A solar and energy storage project can create local resiliency and independence. Projects bring benefits to the local economy and help fulfill sustainability goals to protect the environment.

If you are investigating solar, potentially in combination with energy storage, our team’s experience with over 150 projects can help you avoid common pitfalls in a clean energy development process.

8 Local Solar Project Pitfalls to Avoid:

I        Solar Developers Without the Depth to Deliver

Pitfall: Project engineering, permitting, financing, construction, operations and maintenance and asset management are all critical aspects of a successful solar installation. High quality solar modules and other critical components are hard to source effectively without developers making major commitments.  If you align with a developer who lacks in any of these areas your project could be delayed or derailed.

Solutions: If you are investing time talking to a developer, be sure they have the credentials to get the project engineered, financed, sourced, built and operated. Understand their ability to finance a project, and once permitted, whether their bonding and insurance capabilities support the scale of the project.

Origis Energy has deployed over $2 billion in solar and energy storage financing.  Our experts work to ensure the financial interests of all stakeholders are upheld.  An example of the company’s procurement strengths can be found in this agreement, one of the largest industry solar panel purchasing agreements. Our EPC strengths, including bonding and insurance programs, have been proven in large scale solar projects.

II       Solar Developers Who Aim to Flip the Project

Pitfall:  Developers with a business model to contract for a PPA then flip a project can deliver value in the industry ecosystem. However, there are real challenges to this approach. The developer may not be committed to the local community on a long-term basis. They may sell the project to an unknown entity and you are