Press
For press inquiries please complete the form at the bottom of this page. For related articles on solar and the latest news about the fund, please see links below. These will be updated as we evolve.
December 2020
The renewable energy revolution continues, with renewable energy accounting for a greater and greater share of new US power capacity year after year.
Clean Technica / Read Full Article
February 2020
Without the PPA cap being lifted, Norfolk Solar will have to discontinue its work- and that will leave Hampton Roads out of 10s of millions in possible investments.
The Virginian-Pilot / Read Full Article
August 2019
Without PPAs, none of this is possible. If the PPA cap remains at 50MW, we cannot in good conscience advise these investors to invest in solar in the Virginia QOZs, as there would be no feasible financing method once the cap is reached.
Virginia Mercury / Read Full Article
August 2019
…Clean economy projects can be designed to lower local energy costs, provide job training for the relatively high-paying jobs in the solar sector, nurture new businesses for people of color and increase community resilience…Norfolk Solar Qualified Opportunity Fund…have as part of their design a commitment to hiring local residents and providing them with job training.
GreenBiz / Read Full Article
June 2019
Opportunity Zones have the power to start healing the widening divide in this country — that the rich keep getting richer and the poor keep getting poorer.
The Virginian-Pilot / Read Full Article
June 2019
Norfolk Solar's model is designed to lower the region's carbon emissions, mitigate climate change, stem sea level rise, encourage investment in renewables, invest in low-income neighborhoods and employ a workforce seeking new skills and meaningful wages.
The Virginian-Pilot / Read Full Article
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MAy 2019
To be able to stand on the roof and watch that solar go in was just incredibly uplifting and satisfying, and one of the best experiences of my life. This was so concrete, like, 'Look, we just had a big impact.' I wanted to do more of that.
The Virginian-Pilot / Read Full Article
April 2019
Maximization for Norfolk Solar can be defined as a confluence of environmental sustainability, social change, and a modest return.
Virginia Beach Strategic Growth- The Confluence of Solar Energy, Capital Gains, and Opportunity Zones / Read Full Article
January 2019
The Tax Cuts and Jobs Act, enacted in December 2017, provides investors with new tax incentives designed to stimulate long-term private investment in designated economically distressed communities across the US known as Opportunity Zones.
UBS / Read Full Article
October 2018
Urge clean energy trade associations — including Advanced Energy Economy, American Wind Energy Association, Solar Energy Industries Association and the Alliance to Save Energy — to engage their members and create awareness of the Opportunity Zone potential for clean energy investments.
GreenBiz / Read Full Article
2018
Solar generation offsets more than 76 million metric tons of CO2 emissions each year, equivalent to taking 16.2 million vehicles off the road or planting nearly 2 billion trees.
Solar Energy Industries Association / Read Full Article
January 2018
Affordability can be a barrier to going solar, but there are ways to reduce it. For example, some utility customers can subscribe to community solar programs – projects that serve multiple customers in a single area – and even reduce their rates by doing so. Community solar projects do not usually require customers to own their homes, so renters can take part.
PBS News Hour / Read Full Article
2018
Household energy security—adequate, accessible, and affordable electricity and heat—is integral to housing security and should also be regarded as a human right rather than just a commodity.
Homes For All / Just Utilities Report
2018
Almost one-third of Americans face energy insecurity, and the shares are much higher for people of color and low-income people. At the same time, the very people who cannot afford the benefits of our energy system are paying a disproportionate share of its costs, as evidenced by their higher exposure to pollution and higher rates of pollution-related illnesses such as asthma. Energy efficiency addresses these inequalities at both ends, by making energy bills more affordable for vulnerable people, while also reducing the need for energy production (and therefore, reducing the associated pollution).
Institute for Policy Studies- Bavar Report / Energy Efficiency with Justice
2018
In order for the solar industry to reach its maximum potential, it cannot exclude certain demographic groups. This is incredibly important, not just for climate adaptation, but also for social equity.
Solar Power Benefits Aren’t Reaching Communities of Color / CityLab