Benefits
Process
174 Power Global is built on the foundation of a team of seasoned professionals and experts who understand every detail in developing large scale projects. 174 handles design, permitting, interconnection and power marketing for the entire project.
High Yielding
Landowners hosting 174’s projects are paid promptly upon signing and annually in advance thereafter, until the lease or purchase options are exercised. Compensation is market-based on a per-acre basis and nonrefundable.
Land and Habitat Preservation
174 truly believes in a more sustainable future which goes beyond solar power generation to recycling, land preservation, and social responsibility. Protecting endangered species and recycling and reusing construction waste are just as valuable to our future generations as the energy being generated by the project.
Financial Stability
As an affiliate of the Hanwha Group, a multinational Fortune Global 500 company, the financial strength and stability of 174 Power Global is second to none. 174 Power Global customers and affiliates can rest assured that they’ve partnered with a financially stable company who’s committed to the long term growth of renewable energy.
Products
Collectively, with its affiliates under Hanwha Group, 174 is a fully vertically integrated PV solutions provider. From the mining of the silicon used in the cells, to the manufacturing of the modules to the development of utility-scale solar generation facilities, 174 owns the entire value chain. Navigating the nuances of solar farm design, permitting, and construction is simplified with 174.
Battery Energy Storage Solutions (BESS)
174’s utility BESS systems are comprised of battery banks, known as modules, and designed to increase energy storage capacity. As technology evolves, these systems are becoming safer, more cost effective, and more efficient to deploy. Battery systems are a valuable component in storing and dispatching energy and balancing the grid. 174 has developed BESS projects in conjunction with PV and as standalone assets.
- No maintenance
- Maintenance plans available
- Shared responsibility
- 20 Years
- 25+ years
- 7-10 years; ownership
- Stabilized energy costs
- No money down
- Turn a variable expense into a fixed expense
- Stabilized energy costs
- Federal income tax credit (ITC)
- 5-year (MACRS) accelerated depreciation
- Local rebates
- Stabilized energy costs
- No money down
- Tax credit and depreciation monetization
See for yourself why so many landowners, utilities and investment partners have entrusted 174 Power Global with their PV generation and storage project development initiatives.