Evergreen Renewables

About Evergreen Renewables

Ever.green is a pioneering startup focused on accelerating the transition to renewable energy by creating a marketplace for Renewable Energy Credits (RECs) and Clean Energy Tax Credits. The company operates in the clean energy sector, providing a platform that connects buyers and sellers of these credits, thereby facilitating new renewable energy projects and contributing to a net-zero future.

Ever.green serves a diverse range of clients, including businesses with ambitious climate action goals, investors looking to capitalize on clean energy incentives, and developers of renewable energy projects. The company leverages the provisions of the Inflation Reduction Act of 2022, which democratizes clean energy investment through transferable tax credits. This means businesses can now buy and sell tax credits, making it easier to fund renewable energy projects.

The business model of Ever.green is centered around its marketplace platform. It earns revenue by facilitating transactions between buyers and sellers of RECs and tax credits. By providing transparency and rigor to the transaction process, Ever.green ensures that both parties maximize their value. The company also tests for additionality (ensuring that projects are genuinely adding new renewable energy capacity) and monitors Environmental, Social, and Governance (ESG) metrics throughout the lifecycle of the RECs to ensure they are creating meaningful impact.

In summary, Ever.green makes money by taking a commission on transactions conducted through its platform. It brings new sources of capital into the clean energy market, thereby accelerating the funding and development of renewable energy projects.