onCORE Origination

onCORE's 2023 Year in Review: over 1 GW of potential projects originated for our clients across 10 states! We are beyond proud of our team for their outstanding efforts this year. These statistics do not tell the whole story - countless hours went into these projects as onCORE operates by two key principles: 1) originating quality projects with a development-first approach and 2) fostering genuine relationships with landowners. Every project was rigorously vetted to identify any potential red flags and minimize attrition. Every landowner relationship is being continuously maintained to ensure both parties are content and in the loop as they work towards a 20+ year partnership. We are excited to build upon 2023 and continue to grow and outperform expectations in 2024 and beyond as we work to revolutionize the power grid with clean, renewable energy. #oncoreorigination #renewableenergy #communitysolar #bess #utilityscale #gogreen

onCORE Partner and Co-Founder Joseph F. Tassone Jr will be attending GridTECH Connect Forum in Newport, Rhode Island next week. We are always looking to expand our network so if you will be attending as well, don't hesitate to reach out to him via DM or email jtassone@oncoreorig.com to setup a meeting! #gridtech #communitysolar #batterystorage

Good news out of New Mexico! They've approved 300 MW more community solar → that's clean power for ~57,000 homes With most Community Solar development focused in MD, IL & NY right now its great to see another existing program continue to grow. *** Continue reading it here: https://lnkd.in/eS8bPw5s

Washington’s largest utility PSE will add its first large-scale solar and battery storage projects to comply with the state’s ambitious clean energy law. PSE is acquiring renewable energy to comply with Washington’s two landmark climate laws — the Clean Energy Transformation Act, which will require the utility to phase out coal generation by the end of next year and to become greenhouse gas neutral in its electricity generation by 2030, and the Climate Commitment Act, which gradually ratchets down emissions 95% by 2050. The utility has said it will need to buy or build 6,700 megawatts of renewable electricity by 2030, more electricity than it ever has acquired in its 150-year history. The utility is severely behind on these goals, with Washington ranked 31st in Community Solar, and has stymied previous bills such as The Fair Access to Community Solar Act from early 2024. With 2030 growing nearer, is this a sign of shifting winds with PSE? Or perhaps PSE will lean solely on Utility Scale projects to meet their mandates. In either case, with a large delta of MW’s required and pressure mounting - development opportunities could be on the rise in Washington State. *** Learn more about it here: https://lnkd.in/eD8qYecD

Friday Blog Post: In this 5 part series, co-founder Joseph F. Tassone Jr takes us through 5 key elements to improving the timeline of BESS development projects. Part 1: The Term Sheet #bess #batterystorage #energystorage #development https://lnkd.in/gkhiGuJf

A strong close to the quarter for the onCORE team with over a dozen new projects brought in last month. Community Solar, Standalone BESS and EV Charging Projects all secured for our customers across several states. Onto to Q4! #communitysolar #evcharging #bess

Is PJM finally starting to admit they have a problem on their hands? Here's what's happening: - Less than 2 GW of new power added this year, down from 5 GW last year - 37.2 GW of projects approved but not built yet - Record prices at capacity auctions PJM still maintains that much of the issue lies with the inability for projects with signed ISA’s to reach completion due to supply chain and permitting issues. While this is partially true, its also clear that their substantial grid backlog and lack of proactive interconnection reforms is spurning development due to incredibly long project timelines. It’s promising to see PJM is “concerned” about the lack of renewables coming online and we hope that as pressure continues to mount on the grid operating giant, we will see further reform and action, such as expedited approvals for shovel-ready projects, to reduce project timelines and boost development in the market. What do you think? How might these changes affect your plans for new energy projects in PJM areas? Continue reading about it here: https://lnkd.in/eDJvfnCf

Georgia appears primed for another push to revamp community solar in the state. Legislators are gearing up to submit a new proposal early next year to revise or replace the currently floundering existing community solar program. A new or improved program in the state could open up significant development opportunities in Georgia. A successful community solar program would bring investment, jobs and cheaper, cleaner energy to underserved communities across the state. We're watching this closely as we are always ears to the ground for emerging markets for our clients. What do you think about this possible change? Do you believe next year will be the year that Georgia will finally bring a true community solar program to the state? *** Read more about it here: https://lnkd.in/eTUWQmXB

In renewable energy development, finding the right location is half the battle. But how do top developers/originators consistently secure prime sites? Here's a peek into the winning playbook: 1) GIS Magic: Harnessing cutting-edge mapping to pinpoint "green lit" zoning areas near high-capacity circuits. 2) Thorough Outreach: Crafting compelling mailers that turn landowners' heads towards clean energy opportunities and coupling them with a high volume of direct calls/emails to leave no stone unturned. 3) Network Power: Leveraging decades of industry connections to uncover hidden gems. 4) Precision Strikes: Direct, focused outreach across all mediums and platforms in high-priority areas like Energy Communities. 5) Persistence Pays: Continued follow up to ensure we get the answer we are looking for. 6) Talented Originators: Our team of talented originators has decades of experience and knows what it takes to connect with stakeholders and negotiate through site control. At onCORE Origination, we've refined these strategies over years, consistently delivering results for our clients. That said, we're always learning and evolving our tools and processes to stay ahead of the field.

In renewable energy, the best projects help everyone involved. We call this the "triple net positive" approach: - Developers get viable, profitable projects - Landowners unlock new revenue streams - Communities gain clean energy and economic benefits This balanced approach isn't just good ethics → it's good business. By aligning interests, we've seen projects move faster, face fewer obstacles, and create lasting value. Over the last year, we've originated over 1 GW of projects across more than a dozen states. Some of those were existing, legacy markets and others were emerging, pre-policy markets. Each market required careful navigation of stakeholder interests. By forging relationships in the market and performing thorough due diligence from day 1 of a project, we found we were able to successfully partner with landowners and put quality projects in the pipeline for our clients. *** What challenges have you faced in balancing different stakeholder needs in your renewable energy projects? How do you ensure everyone wins? We are curious to know. Share your experiences below. Let's discuss how we can collectively raise the bar for responsible, community-friendly clean energy development.