business checklist - 1603 grant election
What type of business may want to consider a 1603 Grant? Following are business scenarios with potential to develop a renewable energy platform to pursue the 1603: Existing Business: Current infrastructure that supports renewable energy projects Existing project expansion that qualifies under Sect 45 and/or 48 of IRC Distressed business model with on-site equipment not yet placed in service (conversion) Operational business seeking expansion Operational business seeking a renewable energy component to support their on-going operation New Business: Demonstrated technology ready for commercialization Operational business adding a new product line Green Technology partnering in Renewable Energy platform
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