"Shell Oil predicts that 50% of the world's energy will come from renewable sources by 2040."

"A system as small as 50 kilowatts, which can fit on a medium-sized office building roof, can produce enough electricity to eliminate 86,388 lbs of CO2 pollution annually, equivalent to planting over 6.5 acres of trees!"

"The number 2 state in the U.S. for solar electric power, and number 1 in total solar installations on a per capita basis, is New Jersey. Abundant state and federal incentive programs have caused the number of solar installations to skyrocket from just six installations seven years ago to over 4,340 today." LEARN MORE

In one hour, the planet Earth receives more energy from the sun than the entire world uses during a whole year.

In most states, you are allowed to feed the electricity produced by your solar power system back into the power grid.

Known as "net metering," this allows you to sell your solar power to the local utility, reducing or eliminating your electric bill.

The American Recovery and Reinvestment Act of 2009 (ARRA), passed in response to the worldwide economic crisis of 2008-2009, contains more than than $50 billion in direct spending programs, tax incentives, grants, loans, loan guarantees, and bond programs devoted to clean and renewable energy.

Even during the recession, the solar industry grew by 37 percent in 2009 and created 17,000 new American jobs. One industry association projects 10 gigawatts of new installations annually by 2015, powering two million households with clean, safe solar energy and supporting 440,000 domestic jobs.

2009 marked the second year of major price declines for photovoltaic solar modules. Prices have fallen over 40 percent since the beginning of 2008.

Since module prices account for up to half of the installed cost of a PV system, overall installed system prices are trending significantly downward as well.

Solar Power

Neuwing's solar development efforts begin with an understanding of our client's unique objectives, allowing us to tailor a unique solution to fit your needs.

Federal clean energy incentives, cheaper system components, rising traditional energy costs, substantial tax benefits, and the emergence of robust Solar Renewable Credit (SREC) markets have combined to allow solar energy prices to compete with, and often beat, traditional utility-supplied power for the first time in history. At the same time, this confluence of events means complex financial modeling and strategic decision-making are critical when pursuing a solar energy development strategy.

Neuwing works alongside utilities, businesses, governments, real estate developers, and land owners to evaluate and successfully navigate these decisions. Our primary goal is to help our clients achieve their overall objectives while carefully balancing risk, financial returns, and benefits to the environment.

How Neuwing Can Help

Neuwing is experienced at providing independent, objective, and expert advice to clients across a full spectrum of solar development projects, including:

Providing turnkey development services and preparing clients to raise capital for projects under consideration, including utilizing our in-depth knowledge of energy deal structures to create a financeable project, developing the appropriate materials such as the investment memorandum and financial models that are required to market the project to capital sources, and leading and managing the capital raising process by leveraging our extensive and varied network of capital sources.
Assuming ownership and operation of systems that clients do not wish to own outright, but which will provide low-priced power over the guaranteed contract period, often at a substantial discount compared to local utility rates.
Leasing or purchasing large tracts of land from property owners in order to develop utility-scale solar systems. We handle all development, installation, and maintenance of the solar system, providing the land owner with a steady stream of payments over 15 to 20 years for use of the land.
Working with clients to get their site "solar-ready" and negotiating terms for sale to a third-party for a one-time cash payment.
Creating Solar Renewable Energy Credits (SRECs) based on energy output from the solar generator. We will manage the creation, reporting, and trading of SRECs from your system. In addition, we have extensive experience developing optimal sales strategies based on our clients' unique risk/return profile including spot market, 3-year strip, and 5-year strip transactions. Our knowledge of environmental attribute markets assures you of best price execution and maximized project returns.

For more information on our solar energy development services, contact us today!