Navajo Power Home

Basis is proud to announce a $355k investment tax credit sale on behalf of Navajo Power Home. It’s our smallest transfer to date, and here are three reasons why that’s exciting: 1️⃣ Sub $1M tax credit transfers are challenging to transact. Basis is successfully making it easy and attractive to transact credits of this size. 2️⃣ Developers that can’t monetize tax credits may be forced to abandon an otherwise viable project. As we race to decarbonize our grid, removing market friction will increase clean energy deployment. 3️⃣ Smaller clean energy projects often have bigger community level impacts: In this instance, this transaction supports deploying clean energy for >100 off-grid homes on tribal lands, previously reliant on diesel generators, which now have dependable and carbon pollution free electricity. Read more here ➡️ https://lnkd.in/gv2RvqMQ #inflationreductionact #cleanenergy #solarpower #sustainability

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Check this out! Clean Energy for America Education Fund is in #Arizona celebrating a partnership between Navajo Power Home and Qcells North America. U.S. Department of Energy (DOE) is funding $5 million to support Navajo Power Home, building on the progress. They're all about bringing dependable, affordable #solar power to the #NavajoNation. Chanse Foster, General Manager of Navajo Power Home says "Their team knows, a contribution to us will help address energy poverty for communities that stand to gain the most."

⭐️Check out NPH team members Chanse Foster and Jeremy Begay, U.S. Department of Energy (DOE) Deputy Secretary David Turk, Navajo Nation President Buu Nygren, EdD, MBA, and Qcells North America’s Danny O’Brien talk about the energy transition and investing in the #NavajoNation

Can’t wait to have Qcells North America here on the Navajo Nation tomorrow! Join in through the livestream tomorrow at 10:30a PT. #NavajoNation #NavajoPowerHome

We are honored to have been included in this effort from Clean Energy for America. Stay tuned for the full release coming soon!

Navajo Power Home is thrilled to announce that we've been selected by the DOE Office of Clean Energy Demonstrations for a $5 million award to expand our solar energy installations and service across the Navajo Nation. We are grateful to the DOE for recognizing our work and we are delighted to continue enabling an equitable energy transition for all! Learn more at: https://lnkd.in/g23mD3ke #EnergyTransition #EnergyAccess #NavajoNation #SolarEnergy

We’ve been selected for a DOE Office of Clean Energy Demonstrations grant! OCED picked Navajo Power Home's clean energy project "Permanent, High-Quality Clean Energy Access for Rural Indigenous Communities," serving the Navajo Nation. Ours was one of 19 grant projects chosen to develop and deploy sustainable clean energy solutions and expand access to reliable and affordable energy technology across rural and remote America! Learn more about our project via the link below: Biden-Harris Administration Announces $78 Million to Further Drive Down Energy Costs and Enhance Energy Security in Rural and Remote Communities Across America | Department of Energy #SolarEnergy #RuralAmerica #EnergyAccess #NavajoNation https://lnkd.in/g23mD3ke