The Seldin Organization, Inc. vision is to play a major role in financing the transition of mainstream America to renewable energy and its related businesses.
A strategic alliance formed with our newest endeavors, Inner Circle Realty for innovative real estate resolutions and Green Power Works, a green economic engine, work concurrently to increase value and accelerate green living.
In addition, G·Race, an online community, coordinates all facets and is designed to educate and facilitate action as a “race” for greening your world.
Three Key Levers
Technology challenges include the need for breakthrough improvements, not just incremental, that can dramatically reduce renewable energy costs and improve its efficiency and reliability. This is because of inadequate government support for research and development, as well as investors' sense that the potential market for solar/renewable energy is too small to justify massive infusions of capital.
Policy challenges center on the lack of government support for solar/renewable energy, relative to conventional energy technologies. Like coal, oil, and natural gas, renewable energy is dependent on supportive policies and initiatives at the local, state, and federal levels. Few solar markets in the world today are cost-competitive without government support, except for niche markets such as off-grid power for rural electrification, water pumping, and emergency signs and phones.
Finance presents additional challenges and opportunities for renewable energy. Cost and affordability are the key detriments for many would-be solar buyers, whether consumers, businesses, or governments. In many cases this is due to a lack of understanding of solar costs and benefits. Easy financing remains a weak link as purchasers face a lack of compelling and affordable financing opportunities. And there is a need for financiers to reassess the risks of renewable energy, giving large-scale solar projects better financing terms from lending institutions. (Clean Edge Inc., Reports “Solar Opportunity Assessment Report" www.CleanEdge.com)