Seal Solar is shifting its focus solely on solar energy.
“We’re proud to be part of the first wave,” said co-founder Josh Davenport.
[Seal’s] partners say recently passed legislation in Arkansas made a purely solar focus viable. Seal Solar’s bosses said they’ve also entered into an agreement with Lightwave Solar of Tennessee on the Jefferson County project and are working on projects as a subcontractor for global diversified technology company Johnson Controls, Inc.
An analysis from the Business Innovations Legal Clinic of the William H. Bowen School of Law, University of Arkansas at Little Rock indicates third-party solar leasing could generate up to three times the existing solar jobs in Arkansas and generate additional investment in related sectors. It also concluded third-party leasing would lower upfront costs by 25% to 40%, making solar power more affordable to average Arkansans. Read the article.