BFA Energy is a national solar developer for solar systems of all sizes, with our focus being utility scale solar. We identify hot solar markets and begin acquiring land sites in accordance with off-taker potential in the region. We develop projects from concept and discovery and take them to market. Our grass roots approach to marketing allows us to solicit voluntary procurement projects, giving us a leg up on the competition.
Value Proposition we maintain lasting relationships with Utility Commissions, Public Consumers and Government Agencies. Our success can be tied to different aspects of the market and we know it's important to always maintain our integrity as a company. We are always innovating our projects to meet offtaker's needs. Deliver quality customer service to landowners and developers. Ensure sustainability by building accurate solar farms and PPAs.
INNOVATION. INTEGRITY. CUSTOMER FOCUS. SUSTAINABILITY.
Our Competition we compete with a host of other developers in the industry. Companies such as NextEra, Cypress Creek Renewables and Recurrent Energy make up a lot of market share by winning RFPs and developing large scale projects such as 200 megawatts and above.
How We Win we can win by aiming to develop sites 5-100mw and engage/negotiate with utilities on our own terms without a RFP. This is referred to as a direct bid or solicitation. When we do submit RFPs, we are making a calculated decision that we will win the award, based on POI (point of interconnect).
Growth the initiation of the Inflation Reduction Act has provided an added incentive for clean energy development. There will be an increase in solar PV installs due to this, and that means utilities will issue RFPs and initiate other direct bids with developers.
We will continue to do what we have been doing and engage with these entities to develop more systems.