Zero Circle helps utilities finance renewable procurement, grid modernization, and customer energy programs — with project-specific financing that executes faster than green bonds and has no minimum issuance size.
Case Study: PEA Thailand Solar
The Provincial Electricity Authority (PEA), serving 17 million customers across provincial Thailand, needed $45M for 50MW of distributed solar across 12 provinces under a government 25%-renewables mandate. Zero Circle structured the financing at 4.2% versus 6.8% traditional, deployed EnergyROI for production modeling and monitoring, and registered credits with the Thai T-VER program.
- 50 MW solar capacity across 12 provinces and 200+ installations
- 24 months from financing to COD (versus 36-month estimate)
- 85,000 MWh annual clean energy generation; 40,000t CO2 avoided annually
- $12M savings versus traditional financing; 98.5% system uptime
- Model being replicated across 8 additional provinces (120MW pipeline); featured by Thailand's Ministry of Energy
Solutions
- Climate Exchange — capital for solar, wind, storage, and grid projects; purchase unbundled RECs, PPAs, or project ownership stakes.
- EnergyROI — production modeling for distributed projects, real-time monitoring, grid impact forecasting.
- Customer energy programs — large customers fund clean energy via Impact Circle; verified emissions reductions; alternative to green tariffs; 24/7 carbon-free electricity certification.
- Energy analytics — Scope 1, 2, 3 accounting, TCFD-aligned disclosures, CDP responses.
Frequently Asked Questions
How does Climate Exchange financing compare to green bonds?
Climate Exchange offers project-specific financing with faster execution and less documentation than green bonds. Rates typically competitive with or better than green bonds. No minimum issuance size vs. $200M+ for most utility green bonds.
Can you finance both utility-owned and third-party projects?
Yes. We structure financing for utility-owned projects, PPAs with third-party developers, community solar programs, and customer-sited distributed generation.
How do Impact Circles work for utility customers?
Large customers fund clean energy projects through your utility. Projects generate verified carbon credits allocated to participating customers. You earn program management fees and strengthen customer relationships.
What regulatory jurisdictions do you work in?
We've financed utility projects across North America, Europe, Southeast Asia, and Latin America — including vertically integrated utilities, ISOs/RTOs, and merchant markets.