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In the News
January 8, 2020
Opportunity Zones Explained, A Helpful Solar Incentive
Solar Power World
In an article published on Jan. 8 in Solar Power World, partner Roman Petra discusses opportunity zones as they related to the solar industry.
“Different segments of the solar industry can take advantage of opportunity zones, including solar equipment manufacturers that produce panels, inverters, batteries, battery charge controllers and components, and equipment that moves DC energy produced by solar panels for conversion into AC electricity,” Petra explains.
Petra noted developers should look for opportunity zones in rural areas, particularly in states with the most sunshine.
“Most solar energy developments located in opportunity zones should qualify,” said Petra. “Developers should consider rural areas, where over 23% of census tracts are located and land tends to be more available and cheaper.”
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