Solar & Storage Finance USA Summit 2023

10 Years of Connecting Solar and Storage Projects with Capital
Event Dates
2023-11-07 - 2023-11-08
Organizer
Exhibitors
80
Floor Size
0
Attendees
400
Event contact title
Contact
Event contact first name
Jadon
Event contact last name
Guthrie
Email
jguthrie@solarmedia.co.uk
Event contact telephone number
.
Description

2023 is set to be a defining year for solar, storage and Solar Media’s 10th edition finance summit.

Last year saw the passage of the Inflation Reduction Act (IRA) which brings together an estimated $370 billion in federal funding over the next ten years to facilitate clean energy transition in the US. The IRA has immediately impacted the long-term outlook of the solar and storage industry.

Funding remains available for large-scale energy infrastructure drawn from the Department of Energy’s $40 billion loans program. In addition, the IRA is estimated to attract $600 billion in new investment resulting in an additional 222GW of solar installations over the next decade. This is enough to power an additional 165 million US homes.

The picture is similar for storage as the U.S. government has increased investment tax credits to 30% for energy standalone systems. Estimates indicate a further 20.8 GW of utility-scale battery storage will become operational by 2025. To date, 10 states have energy storage specific procurement targets with that list set to grow. The host state of this year’s summit, New York, is expected to incentivize an additional 5GW of residential, commercial, and utility-scale storage onto the grid.

Challenges remain as the sector continues to decode the updated tax credit structures, navigate the hurdles of the current inflationary environment and keep projects to schedule.

Join us in November to hear directly from funds and banks financing and transacting post-IRA, developers successfully navigating the rising costs of doing business and system operators on next steps for interconnection reform.

Partner Voices
Overview: The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality. In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way. “We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.” Amenities: The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.  The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need. Gold Key Members The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events. OCCC Events: This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.  The Center’s top five events during their 2022-2023 fiscal year included:  AAU Jr. National Volleyball Championships 2023 200,000 Attendees $257 Million in Economic Impact MEGACON 2023 160,000 Attendees $205 Million in Economic Impact Open Championship Series 2023 69,500 Attendees $89 Million in Economic Impact Sunshine Classic 2023 42,000 Attendees $54 Million in Economic Impact Premiere Orlando 2023 42,000 Attendees $108 Million in Economic Impact