What are the benefits of acquiring a solar energy asset?

Acquiring solar energy assets offers strong risk-adjusted returns and substantial tax savings due to accelerated depreciation, government-backed tax credits, and long-term cash flow.

What is the Investment Tax Credit (ITC)?

The ITC is a federal tax incentive that allows investors to deduct a percentage of their renewable energy system’s cost from federal taxes. The Inflation Reduction Act maintains the ITC at 30% for systems installed from 2022 to 2032.

What are the ITC bonus adders?

Bonus adders increase the ITC value under specific conditions, including Domestic Content (+10%), Energy Community (+10%), and Low-Income Community (10-20%).

What is the Inflation Reduction Act?

The Inflation Reduction Act (IRA) of 2022 is landmark U.S. climate legislation providing funding, programs, and tax incentives to accelerate clean energy.

What is the difference between a carryback and carryforward strategy?

A carryback strategy applies unused credits to the past 3 years of taxes for a refund, while a carryforward extends credits up to 22 years for future liability reductions.

How does a Power Purchase Agreement (PPA) work?

A PPA is a long-term agreement where a solar developer installs, owns, and operates a system while the customer buys electricity at a predetermined rate for 10-25 years.

What is impact investing?

Impact investing delivers financial returns while achieving measurable social and environmental benefits. Greenday Finance aligns investments with ITC bonus adders and community solar benefits.

Our Latest

OUR IMPACT

Installed Capacity

62MW

Annual electricity generation

46,270 MWh

Emissions Avoided

11,565 MtCO2e

Investments in Low-income & Disadvantage Communities

Our Latest

62MW

46,270 MWh

11,565 MtCO2e

$25M

Greenday Finance

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