SolSolution Seeking Tax-Equity Investors for New Projects
In order for SolSolution to grow exponentially and achieve its dual environmental and educational mission, SolSolution is actively seeking tax-equity investors to fund upcoming solar school projects.
Boston, MA, March 02, 2012 --(PR.com)-- SolSolution officially inaugurated its first solar school project in December 2011 on Aruna's Place preschool in Sudbury, MA. With their first installation completed and running smoothly, SolSolution has now turned their attention to connecting with new schools across the greater Boston area. In order for SolSolution to grow exponentially and achieve its dual mission of generating clean, renewable energy and improving the quality of education in schools, SolSolution is actively seeking tax-equity investors to fund upcoming solar school projects.
SolSolution is searching for investors who are not only looking for market-rate returns but are also interested in the social impact of SolSolution's projects. They have been meeting with several new schools throughout the first few months of 2012 and are confident about the prospect of installing 1 MW by the end of the year.
Over the 20-year lifetime of the Power Purchase Agreement (PPA) that Aruna's Place has signed with SolSolution, the 3.9 kW system will generate over 4,000 kWh of electricity per year, translating to 154,000 lbs of CO2 emissions reductions and nearly $30,000 in energy cost savings. These financial savings will allow the teachers at Aruna's Place to focus more funds towards more valuable educational resources for their young students. In addition, these students will have a unique opportunity to learn about solar energy from the beginning of their academic careers.
If you are interested in investing in clean energy for education and would like more information, please contact SolSolution Founder & CEO Dr. Soren Harrison at soren@sol-solution.org.
About SolSolution
SolSolution is a nonprofit social enterprise whose mission is to simultaneously generate clean, renewable electricity and increase the quality of education in underprivileged schools. We adapt the proven, for-profit, solar Power Purchase Agreement (PPA) model and transform it to make SolSolution a high impact, self-sustaining nonprofit. SolSolution reinvests its net income into the educational budgets of its partner schools through Educational Programs focused on solar, STEM, and green-entrepreneurship education. Additionally, low-income schools have exclusive access to additional funding through SolSolution's Solar Powered Schools Granting Program.
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SolSolution is searching for investors who are not only looking for market-rate returns but are also interested in the social impact of SolSolution's projects. They have been meeting with several new schools throughout the first few months of 2012 and are confident about the prospect of installing 1 MW by the end of the year.
Over the 20-year lifetime of the Power Purchase Agreement (PPA) that Aruna's Place has signed with SolSolution, the 3.9 kW system will generate over 4,000 kWh of electricity per year, translating to 154,000 lbs of CO2 emissions reductions and nearly $30,000 in energy cost savings. These financial savings will allow the teachers at Aruna's Place to focus more funds towards more valuable educational resources for their young students. In addition, these students will have a unique opportunity to learn about solar energy from the beginning of their academic careers.
If you are interested in investing in clean energy for education and would like more information, please contact SolSolution Founder & CEO Dr. Soren Harrison at soren@sol-solution.org.
About SolSolution
SolSolution is a nonprofit social enterprise whose mission is to simultaneously generate clean, renewable electricity and increase the quality of education in underprivileged schools. We adapt the proven, for-profit, solar Power Purchase Agreement (PPA) model and transform it to make SolSolution a high impact, self-sustaining nonprofit. SolSolution reinvests its net income into the educational budgets of its partner schools through Educational Programs focused on solar, STEM, and green-entrepreneurship education. Additionally, low-income schools have exclusive access to additional funding through SolSolution's Solar Powered Schools Granting Program.
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Contact
SolSolution
Dr. Soren Harrison
617-528-9693
http://www.sol-solution.org/
Dr. Soren Harrison
617-528-9693
http://www.sol-solution.org/
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