“The definition of insanity is doing the same thing over and over again and expecting a different result.”
– Albert Einstein
Our Platform
Solar projects require significant access to capital, which is both expensive and tedious to secure. Regent Renewables has a next-gen solution to this problem using our Decentralized Finance (De-Fi) platform, based on blockchain – specifically designed with solar developers or project owners in mind.
The Regent Renewables De-Fi platform allows many investors to participate in the investment round of projects and provides full tracking and accountability, which is totally transparent, catering for both the Tax Equity and Cash Equity investor types, making full use of the Federal Investment Tax Credit and asset depreciation.
How does it work?
- Regent Renewables creates a special purpose entity, with a blockchain Ledger as the share structure. Structured financing options include both the Partnership Flip and the Sale Leaseback models.
- Investors transfer cryptocurrency into the platform, which automatically returns crypto tokens representing their shareholding.
- Once the tax equity and cash equity are fully funded, we then transfer U.S. dollar amounts equal to the investment to the solar developer.
- Once the solar farm is operational, Quarterly profits are paid by the solar developer back into the platform, which then distributes the proceeds to the investors according to their shareholding.
- After the Investment Tax Credits and Asset Depreciation has been harvested, the platform will transfer Majority share ownership back to the developer (in the case of the Partnership Flip)
Why is this better than traditional financing?
By democratizing solar project finance, Regent renewables is able to attract accredited investors which had previously not heard of Solar financing and may not be aware of the Investment Tax Credits which, when used correctly, can eliminate their income tax bill.
There are 13.2 million accredited investors in the United States, many of whom have passive income tax bills to pay. By greatly simplifying investment in solar and providing the scalability of a dedicated IT platform, millions of these accredited investors can now easily participate in solar project financing, lowering their tax bills, and making an ethical investment at the same time.
As all investments and distributions are logged on the blockchain, complete transparency is possible for both the solar developer and the investors. Investment and distribution payments are made in real time, and transferring ownership of the solar project takes a few seconds. Contrast this Web 3.0 methodology to the existing structured financing and legal models – and the benefits are clear to see.
Interested? Apply now
Work with us to finance and run your projects on the blockchain.