Title

Solar Photovoltaic Energy Project Development on Brownfields: Leveraging Policy Incentives and Project Financing Mechanisms

Date of Award

3-15-2010

Document Type

Capstone Project

Disciplines

Environmental Policy & Mgmt

Degree Name

Master of Applied Science

Department

Environmental Policy & Mgmt

Advisor

John Hill

Keywords

brightfield; brownfield; financing; incentives; landfill; photovoltaic; redevelopment; renewable energy; solar

Abstract

This study evaluates the practice of redeveloping Brownfields with solar photovoltaic renewable energy technology. Utilizing renewable energy as a strategy to reuse contaminated or potentially contaminated property is a relatively new convention. While the benefits of redeveloping Brownfields are well established, ongoing challenges and limited literature on the subject complicate the practice. Challenges, opportunities, and benefits related to renewable energy development on Brownfields are identified and analyzed. Strategic leveraging of federal, state, local, and utility incentives for renewable energy and Brownfield revitalization, and gap finance tools is explored and evaluated. A comparison of three photovoltaic Brownfield projects is analyzed for critical success and failure factors, and lessons learned. A recommendation of best practices is made based on findings and results.

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