Menu
0
MW+
- 250 W 57th St Suite #701 New York, NY 10107
- [email protected]
- 212 419 4840
Syncarpha has been incredibly successful at understanding the complexities and risks of different renewable energy markets, enabling the Company to make strategic and calculated development decisions and deploying capital to maximize risk adjusted returns. By closely monitoring markets throughout the U.S., Syncarpha predicts and proactively enters new markets judiciously, rather than reacting only after programs and policies are fully established. This strategy allows the Company to secure attractive projects prior to markets becoming oversaturated.
Analyze proposed or existing guidelines and regulations to understand the market structure; prefer markets with specific defined incentives vs. competitive solicitation; prefer markets with virtual net metering due to availability of quality offtake; prefer markets that require development to secure allocation.
Consider the tax regime (sales; personal and real property) in the market to determine whether tax agreements will be necessary and are available.
Study interconnection requirements to understand grid saturation and availability of distribution circuit and substation capacity.
Ensure there are not statewide or countywide permitting challenges and determine strategy (Ex. the Maine Department of Environmental Protection has a preference for 20 acre sites).
Analyze the proposed or existing regulation to understand structure of the market; prefer markets with specific defined incentives vs. competitive solicitation; prefer markets with virtual net metering due to availability of quality offtake; prefer markets that require development to secure allocation.
Consider the tax regime (sales; personal and real property) in the market to determine whether tax agreements will be necessary and are available.
Study interconnection requirements to understand grid saturation and availability of distribution circuit and substation data.
Ensure there are not statewide or countywide permitting challenges and determine strategy (Ex. the Maine Department of Environmental Protection has a preference for 20 acre sites).
Project: Jets Practice Facility
Description: Solar projects built on a rooftop or as overhead parking canopies
Challenges: Rooftop and carport projects can require additional permitting, approvals from building owners and structural assessments
Syncarpha Expertise: Syncarpha began developing rooftop and carport systems early on, including its first project completed in 2010 for the Jets practice facility and carport system in NJ and MA
Project: North Adams Landfill
Description: Projects built on landfills or superfund sites (polluted locations that require long-term remediation to clean up material contaminations)
Challenges: Landfill and superfund sites require additional permitting and have specific regulations and restrictions that must be adhered to.
Syncarpha Expertise: Syncarpha has permitted 12 projects (11 are constructed) on environmentally compromised sites including 3 superfund sites, 5 closed landfills and several brownfields.
Project: Freetown
Description: Solar projects build on the ground instead of a rooftop, also referred to as fixed tilt
Challenges: Often require additional environmental permitting, town approvals as well as require engineering expertise to manage diverse topographies
Syncarpha Expertise: Syncarpha has permitted, engineered and constructed a substantial number of fixed tilt systems in the Northeast on sites with challenging topography and limited land
Project: Eagle Nest
Description: Projects built using PV tracker technology, in which the angle of the panel adjusts to follow the sun for optimal solar radiance
Challenges: Trackers require more maintenance and relatively flat site conditions
Syncarpha Expertise: Syncarpha has experience using tracker technology in both warm (NM) and cold (MN) climates. We expect an increasing portion of the portfolio will use trackers in the coming years
© COPYRIGHT 2022 SYNCARPHA CAPITAL, LLC. ALL RIGHTS RESERVED Privacy Policy | Terms Of Use
