About The Solar Energy Market
Companies in this industry operate solar electric power generation facilities. Major companies include diversified electric utilities and independent producers E.ON (Germany), Enel (Italy), Iberdrola (Spain), Tokyo Electric (Japan), and NextEra Energy (US).
Europe is the most advanced market for solar energy generation, with Germany, Spain, and Italy leading in installed solar energy capacity. Asian countries, led by Japan, constitute the next largest market. Though China dominates global photovoltaic cell manufacturing, it trails in terms of installed solar energy capacity.
The US solar power generation industry includes about 240 companies that provide a small but growing amount of the nation's electricity. The industry is forecast to grow at a high rate over the next two years. Key growth drivers include demand for environmentally friendly sources of energy.
The US ranks fifth among nations worldwide in installed solar energy capacity, behind Germany, Spain, Japan, and Italy. Overall, solar energy accounts for less than 1 percent of the energy consumed in the US today.
Solar Project Estimator
Vendor Finance Program
At TechEFI over 90% of our lease and loan originations come from our vendor partners. We understand the value of these relationships and have developed exclusive programs like GreenLease and Accru" that give our partners a significant competitive advantage in their marketplace. So sign up and get access to the resources you need to increase your equipment sales and improve profit margins. For more information or to enroll today click here.
Tech Equipment Finance Has A Lease With A Bright Future!
GreenLease® is a leasing product of Tech Equipment Finance, a leading supplier of equipment financing for a broad range of technology markets including renewable energy. We work closely with many of the industries largest equipment vendors to bring their customers flexible finance programs at competitive rates.
GreenLease is not a Power Purchase Agreement (PPA). Instead, it is a third party Capital Lease that gives you full ownership benefits and fixed payments over the entire term of the lease. With GreenLease you are eligible for all the tax benefits and state, federal and local grants as well. Best of all, your payment remain fixed over the entire term and will not escalate as with a PPA. At the end of the lease term, you own the equipment for as low as $1. Yes, we said one dollar.
The The IRS Section 48 Investment Tax Credit associated with qualifying commercial solar projects is 30% of the total cost and can be deducted from the owners tax bill in the first year of operation. Or if necessary the tax credit can be carried forward for perpetuity.
Let Tech Equipment Finance help you reduce your operating expenses and your carbon footprint at the same time... with GreenLease. This flexible finance program will help your maximize your ROI while doing the responsible thing for the environment. All GreenLease programs are designed to give you full advantage of the federal, state and local tax benefits available to the renewable energy marketplace.