"We are striking because we have done our homework, and they have not." – Greta Thunberg
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Scott’s journey to Eagle Solar & Light’s arm in North Carolina began in the late 1990s as a Peace Corps volunteer in Kenya. Sunwealth Associate Liam Davidson sat down with Scott to learn more about his journey, building a purpose-driven business and how he envisions the future of clean energy.
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Sunwealth has completed more than half a dozen solar installations in Vermont serving a range of beneficiaries, including schools such as those in the Wells Spring District, nonprofits, and municipalities like the Town of Shelburne. Together, these projects will not only offset over 35,000 metric tons of carbon over their lifespan, but are also expected to save their offtakers upwards of $1M.
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Solar energy can play a clear role in supporting affordable housing development and helping neighborhoods and communities thrive – stabilizing energy costs, while delivering clean energy and green jobs. At Sunwealth, we partner with local developers and installers to develop community-based solar projects with project hosts like Main South who deliver housing and services in their communities.
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Sunwealth is partnering with Heading Home for a 362 kW community solar project that will provide the nonprofit organization with an estimated $160,597 in savings over the project life.
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Sunwealth CFO Omar Blayton joined leaders from banking, solar development and finance to moderate a discussion on “Bridging the Gap for Community Solar and LMI” at Solar Energy Industries Association’s annual Finance and Tax Seminar. The panel discussed successful strategies to financing solar projects for LMI communities and the ongoing evolution of business models for community solar.
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On June 9, 2021, Sunwealth Chief Development Officer Jess Brooks, CEO Jon Abe and Director of Capital Markets Darreck Mitchell hosted an Investor Update webinar for current and prospective investors. They provided an overview of Sunwealth’s activity to date, case studies of recently completed projects and glimpse of projects in our pipeline for the remainder of the year.
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There’s an opportunity to invest in a just transition toward a sustainable future and a clean energy economy that promotes community resilience. Join Sunwealth CFO Omar Blayton and other environmental justice leaders and investors for a conversation about how climate solutions investments can have a social impact multiplier effect and how we can ensure that the clean energy economy doesn’t leave frontline communities behind.
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Clean energy investment firm Sunwealth today announced a $2.9 million loan from Calvert Impact Capital to support Sunwealth’s solar access work. Sunwealth will use Calvert Impact Capital’s financing, together with $4.3 million in tax equity investment from private investors, to support 18 community-based solar projects across 5 states.
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Sunwealth is building a series of solar projects, totaling 186 kW, on the rooftops of 12 affordable multifamily apartment buildings in the Greater Boston area that are owned by nonprofit affordable housing and services provider, Caritas Communities.
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