Note: Exhibit 1 originally published February 13, 2024 incorrectly identified the $0.22 "EPC Margin" as a "developer fee". We apologize for the incorrect identification. In Sophic Capital’s Sunny Side Up report, we looked at how Sophic Capital client UGE (the...
Sophic Capital UGE is a full lifecycle developer and operator of U.S. community solar projects. The Company’s energy subscribers range from individual households to large corporate clients like T-Mobile and Bloomberg. UGE also works with landowners and commercial & industrial building owners, by leasing their land or roof space to host a solar project. This report looks at how UGE finances its projects.
(Solar) Power to the People Community solar is a structure whereby a solar energy project provides power to a set of subscribers (aka the “community”), typically a mix of households, organizations, and businesses. These systems are located in a central location and...
The U.S. Senate passed the Inflation Reduction Act of 2022, a bill that provides $369 billion of support to address climate change and energy security. Learn how the solar industry and UGE International can benefit.