What We Do - Electricity - Solar

BioStar's Santa Margarita Ecological Reserve (SMER) Solar Generation Site in Temecula, California.

SOLAR ENERGY

BioStar develops, finances, owns, and operates solar plants across the country. In conjunction with our EPC partner, E Light Electric, we have built 2.5+ Gigawatts of solar since 2009. BioStar’s development and asset management expertise, combined with E Light’s EPC and bonding capabilities make for an integrated and streamlined development process.

WHO IT'S FOR

Commercial & Industrial Businesses

Municipalities & Schools

Low & Moderate Income Housing Developers

Renewable Natural Gas Developers
(C.I. Reduction)

PATHS TO OWNERSHIP

BioStar employs a variety of financial products to ensure capital is not a constraint:

Long term (15-25 year) agreements in which BSR owns the system and sells produced power to end user at a previously agreed upon price.

Medium term agreements (5-10 year) in which the end user owns the system and makes scheduled lease payments to BSR.

An alternative to PPA’s when regulatory constraints don’t allow BSR to “Sell Power”.

Long term (20-30 year) agreements in which the end user funds the project with a special tax assessment on the real estate.

INCENTIVES

There is ever-growing availability of incentives to reduce the cost of your project. BioStar’s policy experts monitor legislation at the Federal, State and Utility levels to ensure your project achieves maximum value.

Federal Solar Investment Tax Credit – 26%
State Renewable Energy Credits
Utility Rebates
FERC Rulings
Solar Grants

BioStar specializes in tracking and monetizing SREC policy across the USA.

ACHIEVE YOUR ESG GOALS

Solar is the lowest cost form of net-new energy generation. Our team can help you set and smash your sustainability goals!

90% of S&P 500 Companies publish sustainability reports
Offset energy usage from “brown” power like coal
Retire “SRECs” or State Renewable Energy Credits that reduce your carbon footprint
SREC Trading available for sites where on-site renewables isn’t feasible

FEATURED PROJECT

HAWAII & NEW JERSEY SCHOOL FUND | SOLAR PV PORTFOLIO

Hawaii & New Jersey

BioStar led the acquisition and turnaround of a distressed solar portfolio serving public schools across Hawaii and New Jersey. The BioStar Asset Management Team took over the 35-site portfolio in 2018 and began improvements on a slew of issues including inverter replacements, panel upgrades and upgrading a malfunctioning tracker system that was causing shortages in production. BioStar successfully exited the portfolio and asset management duties as a part of a mutually beneficial buyout from a capital partner.

Learn more