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