Project Traits
State: California
Congressional District: CA11
Organization Type: NGO
Partner Organization(s) Type: None or Unknown
Energy Sector: Clean Power,
Energy Subsector: Solar,
Project Start Year: Unknown
Project Launch Year: Unknown
Government Support Received: Federal Direct Pay [Elective Pay - IRA] for Unknown Amount
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
RE-volv announced that they successfully received their first direct pay from the IRS, marking a significant milestone for their solar financing model. This achievement demonstrates the effectiveness of the Inflation Reduction Act’s direct pay provision in supporting clean energy projects. RE-volv’s innovative financing tools, including Power Purchase Agreements and solar leases, continue to help nonprofits save on electricity costs and promote community-driven energy transitions. This milestone underscores the potential for broader adoption of solar energy among nonprofits nationwide.