Looking Forward to 2025 with Optimism
A Season of Reflection: Looking Forward to 2025 with Optimism
As we close out 2024, I find myself reflecting on both SolaREIT's journey and the broader evolution of clean energy development since I began working in the sector two decades ago. What strikes me most isn't just how far we've come, but how well-positioned we are for what lies ahead.
An Industry at Peak Strength
The numbers tell a compelling story: this year SolaREIT surpassed a major milestone in providing solar and energy storage real estate financing for projects valued at more than $3 billion. This milestone, achieved in just four years, reflects more than our company's growth—it demonstrates the fundamental strength of clean energy development. We're seeing projects advance across diverse regions, markets, and applications, creating a robust ecosystem that transcends any single policy or incentive. The industry has never been stronger or more diverse in its solutions, participants, and opportunities.
Gratitude and Growth
None of this would be possible without an extraordinary team–here at SolaREIT and our developer partners across the country. As I reflect on the last four years, I'm filled with gratitude for the talented individuals who have helped build SolaREIT. As a minority and women-owned business, we're particularly proud to be part of an industry that's not just expanding clean energy access, but doing so in increasingly inclusive and innovative ways. SolaREIT’s success comes from our team's dedication, creativity, and unwavering commitment to our mission.
Looking to 2025
The industry is positioned for terawatt-scale growth in the coming decade. While market challenges are real, they are far outweighed by the opportunities. By focusing on what we can control—delivering practical, streamlined capital solutions—we'll continue helping developers build the clean energy future our communities need. The path forward for SolaREIT is clear: maintain focus on fundamentals, embrace innovation in financing, and continue supporting the developers who are making clean energy growth possible.
Onward,
Laura Pagliarulo, Founder and CEO, SolaREIT