What is an Independent Power Plant?
Independent Power Plants are the process of converting a heavy energy user into an energy generation facility. The energy cost continues to rise at a pace we have never experienced before. This decision to become a producer is no longer a casual; someday that would be nice; it is a decision powered by the CFO and the treasurer’s office as they see costs going up and margins getting squeezed. The equipment needed to build the plant, such as turbines, vapor generators, cooling towers, transformers, and condensers, are all available in today’s market.
Equipment Leases is one of the top companies with expertise in the energy sector, financing, and leasing equipment. We are committed to providing top-notch services to companies and stakeholders.
Tax Advantages of Power Creation
The recent introduction of the government’s landmark Inflation Reduction Act of 2022 has unleashed a firestorm of activity in the renewable energy sector. The tax credits and other incentives associated with creating or installing renewable energy systems make creating an independent power almost a must from an ROI perspective. It is no wonder that most major Fortune 500 companies are actively planning on and implementing the conversion of their energy drain manufacturing into a cutting-edge energy-producing facility. For more information, check out The recent Whitehouse Briefing Report.
Independent Power Plant Lease Financing
Equipment Leases is a significant player in this industry. Our commitment continues to expand, as we have close to $1 billion in funding through their network of top lenders in the US and abroad. We have refined our lending process to offer long-term capital leases so the client can seamlessly take advantage of all tax incentives, credits, discounts, or property tax deferrals.
Power Plant and Renewable Energy Equipment We Finance
We are prepared to fund 100% of our client’s needs. Our unique experience in this space allows us to finance any piece of equipment needed to build these complex energy generation systems.
- Pressurizer
- Reactors
- Control Rods
- Vapor Generators
- Containment Building
- Turbines
- Alternators
- Transformers
- Cooling Towers
- Condensation
- Solar Systems
- Wind Turbines
- Biomass Systems
- Turbines
- Generator Sets
- Hydrogen Fuel Cells
- EV Charging Stations
- Energy Management Systems
- High-Efficiency Boilers
What Is The Expected Future Of Renewable Energy?
Few growth industries in the US have the potential for renewable energy. The solar industry accounts for 5% of the world’s power demand today and will grow to 9% by 2030. Renewable energy could potentially provide 95% of the world’s needs in all its varied forms. The recognized auditing firm Price Waterhouse has suggested that the African continent could produce 100% of its needs by 2050. With the cost of solar energy dropping because of production efficiencies, the current renewable energy market is over $ 25 billion and multiplying.
Do You Need a Recommendation for a Quality Power Plant Development Team?
Equipment Leases Recommends Modern Thermal Design
We rarely recommend a specific contractor or type of equipment for our clients. However, our experience in this sector of the market leads us to believe that a firm’s long history of successful projects and innovation in the power creation industry matters.
Equipment Leases will fund independent projects by any reputable vendor or contractor. If you have yet to retain a contractor or would like a second opinion, however, may we respectfully recommend Modern Thermal Design (MTD)? MTD is one of the largest and most respected firms in the renewable energy and power plant industry. It serves a wide variety of clients, from medium-sized companies with aggressive power needs to large Fortune 500 clients with global manufacturing.
We are confident that MTD and its team will design, engineer, and implement the perfect independent power plant for you and your business.
If you want a quote or to chat with the experts, use this quote request form, and we will forward your info.
