🌱 95% of all new electricity generation capacity added to the U.S. grid in 2024 came from clean energy.
Yes, you read that right: 95%! ⚡🇺🇸
As the American Council on Renewable Energy (ACORE) highlights in their recent report “Tax Stability for Energy Dominance”, federal clean energy tax credits have played a crucial role in creating the market incentives needed to drive this growth. And thanks to recent enhancements, such as the transferability of the credits made possible by the IRA, that momentum is only accelerating.
At Evergrow, we’re proud to help power the clean energy transition—especially in the commercial & industrial (C&I) sector—by providing tax-credit financing to solar developers and commercial property owners. One of the projects we financed is even featured in the ACORE report:
📍 Bramble Farm, a poultry farm in West Virginia (pictured below), now offsets nearly 100% of its energy use with rooftop solar developed and owned by Skyview Ventures.
Through federal investment tax credits covering 40% of the project cost—and with Evergrow managing the end-to-end diligence and sale of those credits—Skyview earned a cash return that helped bring the project to life.
These community-scale projects are happening across the country, driven by smart policy. As ACORE emphasizes: Maintaining certainty around these incentives is essential to securing American energy dominance.
Let’s keep building. 💪🌞
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