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Development of Solar PV Projects on Brownfields

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Presentation on theme: "Development of Solar PV Projects on Brownfields"— Presentation transcript:

1 Development of Solar PV Projects on Brownfields
November 8, 2017

2 The Solar PV Industry Today
Solar prices have dropped 70% since 2010 In 2016, Solar installed 39% of all new electric generating capacity, more than any other technology Average Annual Growth Rate of 68% over last 10 years Over 47 GW of total solar capacity now installed Source:

3 Falling Prices and Growth of Solar
70% decline since 2010

4 Solar by State

5 Solar PV

6 Benefits of Solar on Brownfields
Returns land to productive and sustainable use Generates income from sale of electricity Provides developers with access to existing grid connection and other infrastructure Preserves greenspace Potential for development in more populated areas Creates jobs Increases property tax revenue Reduces power plant emissions

7 Obstacles to Solar on Brownfields
Liability concerns Legal expenses Development timeline Can be more costly and difficult to develop than alternatives Compatibility with engineering and institutional controls and remediation

8 Screening Solar Sites Usable Acreage: ~6-10 acres per MWAC
Distance to electric distribution lines Limited Shading: > 6 hours of direct sunlight Site slope and topography Adjacency to large power user Community acceptance

9 Developer and Investor Considerations
Economics of Project Potential Liability Financial Incentives Utility Rates Institutional and Engineering Controls Land Lease Rate Timing / Stage of Remediation

10 Solar Incentives Federal Tax Credit Federal Accelerated Depreciation
30% of installation cost Scheduled to phase out: 26% (2020), 22% (2021) 10% (2022) Federal Accelerated Depreciation State Solar Incentives See Utility Incentives Net Metering / Tariffs Solar Renewable Energy Credits (SRECs)

11 Additional Resources EPA’s RE-Powering America’s Land Initiative ( EPA, Handbook on Siting Renewable Energy Projects While Addressing Environmental Issues ( renewable-energy-projects-while-addressing-environmental-issues) EPA, Best Practices for Siting Solar Photovoltaics on Municipal Solid Waste Landfills ( photovoltaics-municipal-solid-waste-landfills) DSIRE: Database of State Incentives for Renewables & Efficiency ( National Renewable Energy Laboratory, Solar Technical Assistance Team (STAT) ( National Association of Local Government Environmental Professionals, Cultivating Green Energy on Brownfields: A Nuts and Bolts Primer for Local Governments ( State Environmental Regulators

12 Contact: Tully Blalock VP & General Counsel (404) solamericaenergy.com


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