Accounting for Investments in Renewable Energy

Over the last 10 years, the renewable energy industry has experienced rapid growth. This growth continues to be driven by knowledgeable entrepreneurs, public policy and changing societal priorities. Entrepreneurs have built businesses and renewable energy projects from the ground up. Public policy has enlisted renewable portfolio standards, production/investment tax credits and grant programs to promote growth in the industry. Society has pushed individuals, businesses and governments to seek out new opportunities and alternatives to fossil fuels. 

As the renewable energy industry continues to grow, so does the private sector’s investment demand in renewable energy projects that will provide electricity to residents and businesses in the future. Many organizations are exploring renewable energy investment opportunities or already have invested in renewable energy projects. When evaluating and accounting for these investment opportunities, there are a number of accounting and regulatory matters for financial services organizations to consider.

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