Tuesday, November 6, 2012

VC DISPATCH | U.S. Venture-Capital Financings - WSJ.com

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Wednesday, October 3, 2012

Skeet Shoot Success for Wounded Veterans

10/3/12

Austin, Texas

 

At the Central Texas CCIM Chapter luncheon today, Admiral Bobby Inman (left) and CCIM Chapter President Josh Hubka (left), presented Daniel Vargas, of Operation Finally Home with a check for funds raised at the CCIM Chapter Skeet Shoot.  Operation Finally Home ‘s mission is to provide custom made mortgage free homes to wounded and disabled veterans and the widows of the fallen in an effort to get their lives back on track and become productive members of their communities.

 

Solar Capital Group was a sponsor of the skeet shoot. SCG President, Jim Young, also a commercial real estate agent, and CCIM Chapter Member,  was given the honor of introducing Admiral Inman. A thank you to the CCIM Chapter for hosting the skeet shoot, and to SCG’s installers, and partners for making our financial support possible.

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Tuesday, September 25, 2012

Solar Capital Group Rebate Funding Program Benefits Las Vegas Women's Shelter

Press Release:

September 2012

Las Vegas, Nevada

 

Solar Capital Group, LLC’s utility rebate funding program provided, Las Vegas based,  Service 1st Energy Solutions LLC, with construction funds for solar thermal installation at Shade Tree Women's Shelter. Solar thermal harnesses the suns energy to create hot water without the use of electricity or gas, thereby limiting building expenses.

                                                                                ---Click Here for Pics---

Or check out www.facebook.com/solarcapitalgroup for links.

 

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Monday, September 24, 2012

Press Release- SCG Funded Newly Completed Griffith School Solar -Las Vegas, NV

Austin, TX

9-24-12

Solar Capital Group, LLC funded Newly Finished 50kw solar system at Griffith United Methodist Church School in Las Vegas, Nevada.

Congrats to our clients Service1st Energy Solutions on another great install!  ---link to Flickr Slides Here---

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Tuesday, August 21, 2012

Local Austin Installer - 1/2 MegaWatt Installs in DFW Area- Congrats!

Circular Energy Installs Nearly Half of a Megawatt of Solar Panels on Apartment Complexes in Dallas-Fort Worth

I have spoken at events here in Austin, regarding the Green energy business, its financial viability and ability to be applied in a commercial “money-making” setting. My favorite speech entitled, “Its Not (Just) About the Payback Period” makes the case the a commercial solar system installation can create an immediate savings to the Commercial Property Owner so as to have the immediate effect of making the property worth MORE than it was prior to the installation. In my dual role, as a solar finance company President, and commercial real estate agent, I’ve demonstrated the case that the increase in Net Operating Income  or “N.O.I.” when applied to a given “cap rate” can show the immediate business case for a solar install. (Birkenstock sandals not necessary).

 

That said, local firm, Circular Energy deserves all the press they can get for this massive series of installations in DFW on apartment complexes.

 

Link Here: http://bit.ly/RAk6PU

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

COTA seeks incentives for solar array at Austin track - Austin Business Journal

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Wednesday, August 15, 2012

Need for speed: California’s clean power buildout — Cleantech News and Analysis

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Tuesday, August 14, 2012

US Army issues solicitation for $7 billion in renewable energy projects

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SCG Goes Into Solar Thermal Rebates

Solar Thermal Rebates-

8-14-12

Las Vegas, Nevada

 

 SCG funded it's first "solar thermal" project in Las Vegas, Nevada. According to Wikipedia, Solar thermal energy (STE) is an innovative technology for harnessing solar energy for thermal energy (heat).

 

Our client, Service1st, a commercial installer in Las Vegas, previously completed several large commercial solar systems at large, Las Vegas churches with funding assistance from Solar Capital Group's Utility Rebate Funding Program, and our 1603 Rebate Funding Program. 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Monday, August 6, 2012

Operation Free Educational Event

Friend, 

The Truman National Security Project is hosting an educational event where local leaders, entrepreneurs, and luminaries will speak about how renewable energy promotes a robust economy, and a safer America.

Staff from Truman's headquarters will also be on hand to provide details on our campaign, opportunities for interested parties, and our efforts here in Austin and around Texas.

Operation Free Educational Event

Where:
1212 Rio Grande St, Austin TX, 78701
ACC Rio Grande Campus Student Lounge

When:
6:00pm-8:00pm, Wednesday, August 8th, 2012

RSVP here: https://www.facebook.com/events/248251411960658/

The event will be held with the help of the ACC Center for Student Political Studies, and will be catered by a local Austin food trailer offering delicious food and drinks for omnivores and vegetarians alike!

If you have any questions, contact me at Bhayman@trumanproject.org, (512) 814-8759, or our Twitter hashtag #OpfreeATX. 

Bernard Hayman
Truman National Secutiy Project
Operation Free

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Tuesday, July 31, 2012

Charity Skeet Shoot - 9/20/12 Benefitting Veterans

 

                Solar Capital Group, LLC is sponsoring the CCIM Skeet Shoot. http://bit.ly/skeetshootforvets     on 9/20/12.

 

                Feel free to pass this link along to folks you think would be interested in an afternoon of fun, & food for a great cause. The proceeds are benefitting veterans through “Operation Finally Home”.

 

 

 

Jim Young
KW Commercial
512-565-7509
jimyoung@kwcommercial.com
My Listings

1801 Mopac, Suite 100, Austin, TX 78746

ATTENTION! The information contained in this email may be CONFIDENTIAL and PRIVILEGED. It is intended for the individual or entity named above. If you are not the intended recipient, please be notified that any use, review, distribution or copying of this email is strictly prohibited. If you have received this email by error, please delete it and notify the sender immediately. Thank you.

 

Subcribe to My Blog: Relevant Real Estate & Finance Articles

 

Are you looking to purchase Commercial Real Estate?  CLICK HERE

 

Tuesday, June 12, 2012

Solar Power -Leading Renewable Investment in 2011

Solar Power -Leading Renewable Investment in 2011

 

Solar power became the leading renewable energy technology worldwide, as investment increased 52 percent in 2011, two reports found.

Read Full Article from Houston Business Journal: http://bit.ly/MAiGMF

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Monday, June 11, 2012

Austin Energy Reduces Residential Solar Rebate

6/11/12-Austin Business Journal reports that Austin Energy has reduced the residential solar rebate from $2.50/watt to $2.00/watt.

 

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Wednesday, June 6, 2012

Solar Capital Group- in Press

I was interviewed yesterday for our firm’s insight into the newly enacted tariffs on Chinese solar panels.

The article will be posted on Friday in the Austin Business Journal.

 

I’ll re-post links to it in our blog and on our Facebook page.

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Wednesday, May 23, 2012

Fwd: Financing Green Part I: Funding Energy Efficient Retrofits and Overcoming Uncertainty - CoStar Group


Financing Green Part I: Funding Energy Efficient Retrofits and Overcoming Uncertainty - CoStar Group

This 3 part article points out in succinct terms the challenges and benefits to installation of solar/renewables at commercial real estate property .

http://www.costar.com/News/Article/Financing-Green-Part-I-Funding-Energy-Efficient-Retrofits-and-Overcoming-Uncertainty/138550


Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Monday, May 14, 2012

Austin Energy---Rate Shock and Awe

Austin, TX

5/14/12

 

KXAN Video Link:  http://www.kxan.com/dpp/news/local/austin/new-energy-rate-plan-could-reduce-shock

 

Austin Energy will be rolling out an 8% increase to energy rates. The increase can still be higher, which was originally set at 16% but the Austin City Council is trying to limit the increase. The video has some great information about the upcoming vote.

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Monday, April 16, 2012

City of Arlington Website Reports on Large MultiFamily/Apartment Solar

The real story to City of Arlington’s article is that these large solar systems were emplaced on these income producing commercial properties specifically because the decision to add solar increased the Owner’s profit. It wasn’t just a decision to be ‘green’. Well---not entirely—the green color of dollar bills factored in.

Click Picture for Link to Arlington Story:                                                                                                                                                                 

  

 

Link Broke? Try: http://j.mp/ILwzvG

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Wednesday, April 4, 2012

Cap Rate, NOI and Why You Should Learn It

If you are a solar installer, potential user, or an investor, knowing a few simple terms can be really helpful to your business, or your own personal investments. This article, written originally for use in the self-storage industry is a simple easy to follow explanation of how to compare the return you get (cap rate) across different asset classes (like real estate, solar, stocks, etc).

 

http://www.insideselfstorage.com/articles/1997/10/cap-rates-and-sales-prices.aspx

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Saturday, March 31, 2012

Solar As Social Media-Is Austin Missing Out?

Is Austin missing out? As an Austin native, I say unfortunately "yes". This weekend, I was called/emailed by no less than 3 interested business Owners who saw the attached article about a San Antonio retail business which went solar. The news, Internet and grass roots "social" conversation spreads data amongst individuals and business owners about the advantages of renewables. Even if only as a discussion topic, those rooftop panels increase awareness of energy conservation. Austin is topping the chart of every national survey for it's economy and quality of living. These are all the more reasons the masses will continue to come to Austin and I for one would love to see Austin Energy bring back some of the commercial solar utility rebates that will put large, visible projects in town that will not only generate electricity but generate "buzz". After all, the tech folks moving here are only going to demand more power(not less) to run their iPhones, flat screens, and electronic gadgets.(author too).

Check out the KSAT news story below and sign up for our blog if you would like to receive similar articles.

http://www.ksat.com/news/East-Side-business-shares-solar-success-story/-/478452/9799416/-/umjnh5z/-/index.html


Jim Young
512-565-7509
Sent from my iPhone

SCG Blog signup:
http://solarcapitalgroup.blogspot.com/

Friday, March 30, 2012

If You Sell For Less Than Your Cost=Bankruptcy Coming

What (really) went wrong at Solyndra? New report offers clues t.co/PLYsYB5s #solar

Read it online: http://twitter.com/SolarIndustry/status/185403840928038913

Sent via TweetDeck (http://tweetdeck.com)


Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Wednesday, March 28, 2012

Tuesday, March 27, 2012

What Does a 1603 Award Letter Look Like?

Ever Wondered What Correspondence from the US Department of Treasury looks like when a solar system owner receives notification that his/her 1603 Grant has been approved and will be paid? Here is a redacted version of the email sent by Treasury to applicants:

                                                                                                                                ***

 


Sent: Saturday, March 24, 2012 9:45 AM
Subject: U.S. Treasury Department - Application for Section 1603: Application 2012xxxxxxxxxxx Awarded

Section 1603 AWARD LETTER

-Awardee-: XYZ Inc, 123 Maple Street,  Dallas, Texas, 11111

Re: Section 1603 Payment for Specified Energy Property in Lieu of Tax Credits for Treasury Application Number 2012xxxxxxxxxxx – Award Notice

 

Dear Redacted:

The United States Department of the Treasury (Treasury) is pleased to inform you that the above-referenced application for payment in the amount of ($xx,xxx.00) for Specified Energy Property in Lieu of Tax Credits is approved.   This payment is authorized under Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009.

This notice constitutes official notification of the award and together with your submitted application, supporting documentation, and signed Terms and Conditions constitutes the Grant Agreement between Treasury and you.   Acceptance of this award, including the Terms and Conditions, is acknowledged by the awardee when funds are accepted from Treasury.  All awards are subject to further monitoring and audit to ensure compliance.

You should receive the payment in your bank account within seven business days of the date of this letter.   The payment will be deposited in the bank account that is listed in the Central Contractor Registration (CCR).

Sincerely, Richard L. Gregg Fiscal Assistant Secretary

 

                                                                                                                                ***end***

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Sunday, March 25, 2012

Two News Agencies Report on Solar Capital Group's Largest Projects

3/25/12

This past week, both CoStar News Group and the Austin Business Journal reported on Solar Capital Group’s funding of Brandon Oaks Apartment complex’s 205kw solar system in Arlington, Texas.  We were excited for the coverage, and would love it if you would go to the news-agencies pages and ‘LIKE” the articles so they will be continue to provide great coverage:

 

http://www.costar.com/News/Article/Solar-Capital-Funds-Largest-Commercial-Solar-Installation-in-Arlington/136911

 

http://www.bizjournals.com/austin/blog/abje_news/2012/03/solar-capital-fronts-13m-for-arlington.html?ana=e_du_pub&s=article_du&ed=2012-03-23

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Tuesday, March 20, 2012

Why Do Utility Companies Pay Rebates?

Have you asked WHY utility companies make rebate payments to users that install solar, or other renewables? Wouldn’t  the utility company want to sell you MORE power, rather than less?  One answer is “the RPS”.

 

What is the Renewable Portfolio Standard or RPS?

 Renewable Portfolio Standard (RPS) is a regulation that requires the increased production of energy from renewable energy sources, such as wind, solar, biomass, and geothermal.

The RPS mechanism generally places an obligation on electricity supply companies to produce a specified fraction of their electricity from renewable energy sources. Certified renewable energy generators earn certificates for every unit of electricity they produce and can sell these along with their electricity to supply companies. Supply companies then pass the certificates to some form of regulatory body to demonstrate their compliance with their regulatory obligations. Because it is a market mandate, the RPS relies almost entirely on the private market for its implementation. Unlike feed-in tariffs which guarantee purchase of all renewable energy regardless of cost, RPS programs tend to allow more price competition between different types of renewable energy, but can be limited in competition through eligibility and multipliers for RPS programs. Those supporting the adoption of RPS mechanisms claim that market implementation will result in competition, efficiency and innovation that will deliver renewable energy at the lowest possible cost, allowing renewable energy to compete with cheaper fossil fuel energy sources (cite-WikiPedia)

 

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Tuesday, March 13, 2012

Forwarding Webpage President Obama’s Marine One helicopter hangar gets 120kW Suniva PV system | PV-Tech

President Obama's Marine One helicopter hangar gets 120kW Suniva PV system | PV-Tech

Read it online: http://www.pv-tech.org/mobile/news/president_obamas_marine_one_helicopter_hangar_gets_120kw_suniva_pv_system

Note From Jim:
The article points out both the financial savings as WELL as the fact the Department of Navy mandate to it's facilities that they WILL get 50% of their energy from renewables by 2020.


Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Forwarding Tweet by @SolarIndustry

Senate to vote on possible 1603 extension tomorrow. Get caught up on what's at stake - bit.ly/wA9ryG #solar


Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Saturday, March 10, 2012

Friday, March 9, 2012

850 Panels and Micro-Inverters

3-9-12
Arlington, Texas
Brandon Oaks Apartments

Stopping by a finished solar project today as part of a 2 day visit to meet with installers, stakeholders and SCG Investors. Recently completed, the project at Brandon Oaks has 850 panels, each with it's own EnPhase micro-inverter. Each micro-inverter streams real time data to a web portal. The monitoring portal allows the Owner, utility or Investor to pull data on electricity production by day, hour, panel and track seasonal performance.

This site, along with two other apartment complexes represented a big leap into commercial funding for SCG.

Thursday, March 8, 2012

New Jersey « SRECTrade Blog

The collapse of NJ SREC prices resulting from a market oversupply in the last six months has called for legislative or administrative action.  Theoretically the RPS is a self-correcting mechanism where low prices lead to a slowdown in build rate while the annual Renewable Portfolio Standard (RPS) increases to catch up to any oversupply.  In practice, SREC price signals are impacted by other outside incentive programs like the Treasury cash grant which can lead to dramatic overshoots like we currently see in NJ and PA.  Also, the RPS adjusts only on an annual time frame, so while it should eventually self-correct, it may take several years even if almost all new solar development stops.  While a few of the large, well-capitalized commercial and utility scale solar companies can afford to stop installation while the market mechanism corrects itself, most of the hundreds of smaller pure play solar installers will either have to leave the state or close.  As a result, they, and the thousands of existing solar PV system owners in the state, are pushing for changes to the RPS program to ensure the continued vitality of the industry and the SREC revenue streams they are counting on to pay for their installations.





Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Senate considering extension of Section 1603 program today

Senate considering extension of Section 1603 program today bit.ly/wA9ryG #solar

Read it online: http://twitter.com/SolarIndustry/status/177828679404109824


Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-

Tuesday, February 21, 2012

Press Release- Solar Capital Group Assists Funding of Largest Commercial MultiFamily

Press Release- Solar Capital Group Assists Funding of Largest Commercial MultiFamily Solar in DFW

Arlington, TX- 2/20/12

 

Solar Capital Group is proud to announce the completion of a 205kw Solar system at Brandon Oaks Apartments, part of the largest commercial solar installation in Arlington, TX. The project was built by Right Choice Industrial Automation Controls (RCIAC), with funding assistance provided by Solar Capital Group, LLC. This system is one of three large apartment complexes completed in the DFW area at multi-family complexes.

 

Click Picture for Short PhotoSlideshow:

 

 

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Thursday, February 16, 2012

Deutsche Bank Completes Solar Project Atop Americas' HQ

Deutsche Bank Completes Solar Project Atop Americas' HQ

60 Wall Street Becomes World's Tallest Solar Panel Array

 

Deutsche Bank has completed and begun operation of a brand new, 122.4 kW solar photovoltaic (PV) system on the roof of its Americas' headquarters located at 60 Wall St. in New York City. The roof-mounted solar panel array will reduce the bank's electricity consumption and is expected to decrease its carbon emissions by 100 metric tons each year.

 

--story link here-

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Friday, January 13, 2012

Austin Energy Gets Earful About Rate Increases---

AUSTIN, TX: 1-13-12:

A large, one year electricity rate increase in Austin is a cautinary tale for analyzing methods to stabilize future energy cost increases. Installers/Developers should can inform commercial clients in particular about methods to safeguard their future Net Operating Income (NOI).

Of Note:

·         Austin Energy states they have not been able to raise base rates in 17 years, hence the large one year jump.

·         Churches would be re-classified as “commercial” for rates. Churches disagree due to time they draw power.

For more…

LINK: Read the Austin Business Journal story here:  

 

WATCH-NEWS VIDEO

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Wednesday, January 11, 2012

Could water, power woes threaten state's economy?

Dwindling supplies of water and electricity are imperiling the state's economic future, a Texas Senate committee was told Tuesday.

 

Although state officials predicted they could manage during 2012, both resources are intertwined and under pressure by natural or human constraints.

 

In the case of water, which cools generating plants, the problem is an ongoing drought. For electricity, the question is whether low retail prices are discouraging investment in future power plants.

 

That two-headed dilemma has state officials debating how much government can — or should — do in a deregulated market for electricity generation.

 

At stake are jobs.  ---Statesman Article here--

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com