Technological innovations and new financing methods are making renewable energy more accessible than ever before. As a result, solar, wind, hydropower and other sustainable sources are expected to account for half of our global energy mix by 2030, according to estimates from Bloomberg New Energy Finance.
This transformation will allow the world to meet its growing power needs more sustainably — helping to create a cleaner, healthier and brighter future.
Over a century ago a certain Mr. Thomas Edison was right on the money…
It takes great ideas to move an industry forward. But it takes capital to bring a great idea from the whiteboard to reality.
Here are some of the key steps along the way…
In this early phase, governments, venture capital and other investments fund early development, prototyping and initial production. These can be risky for the investors, but capital at this phase is crucial for getting successful ideas off the ground.
Initial Access to Capital Markets
If the early work is successful and the technology is proven and commercialized, the company usually launches an initial public offering (IPO) of stock or issue bonds. With access to capital markets, the company can scale up operations or expand its production facilities to reach more customers. Once the business has entered the markets, it becomes easier and more efficient to connect with investors and raise capital.
We provide our clients in the renewables sector with a range of accounting, assurance, advisory and tax services.
We understand the challenges faced by the sector, including the need to reduce carbon emissions and pressures to keep costs down.
We advise our clients on:
Improving profitability and efficiency
Raising finance and accessing public markets
Responding to change and uncertainty
Strengthening corporate governance procedures and managing risks
Complying with the increasing regulation, statutory and non-statutory reporting requirements
Ensuring the most tax-efficient and effective corporate structure
Making R&D tax credit claims
Business valuation and financial modelling for commercial and compliance purposes