What is an Independent Power Plant?
Independent Power Plants or power station is the process of converting a heavy energy user into its power generation facility. The cost of power continues to rise at a pace we have never experienced before. This decision to become a power 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 power plant, such as turbines, vapor generators, cooling towers, transformers, and condensers, are all available in today’s market.
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 take seamless advantage of all tax incentives, credits, discounts, or property tax deferrals.
Check out our most recent press release on funding for Independent Power Plants
Power Plant Equipment and Renewable Energy Equipment We Finance
Equipment Leases Inc and our lending network are prepared to fund 100% of our client’s power generation needs. Our unique experience in this space allows us to finance any piece of equipment needed to build these complex power 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 in all its varied forms could potentially provide 95% of the world’s power needs. The recognized auditing firm Price Waterhouse has suggested that the African continent could produce 100% of its power needs by 2050. with the cost of solar dropping because of production efficiencies, the current renewable energy market is over $25o-Billion and multiplying.
Do You Need a Recommendation for a Quality Power Plant Development Team?
Equipment Leases Recommends Modern Thermal Design
At Equipment Leases we rarely make a recommendation on a specific contractor or type of equipment for our clients to use. Our experience in this sector of the market however, 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 Power Plant 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 is one of the largest and most respected firms in the renewable energy and power plant industry. They serve a wide variety of clients from medium size companies, with aggressive power needs to large fortune 500 clients with global manufacturing.
We are confident that MTD and their entire team will design, engineer and implement the perfect independent power plant for you and your business.
If you are interested in a quote or would just like to chat with the experts, use this contact form and we will forward your info.
