We are specialist accountants and business advisors who focus on key sectors, one of which is renewable energy. While uncertainties around energy policy and regulatory changes present challenges, the overall outlook for companies in this specialist sector is one of huge opportunity.
The renewable energy industry is tasked with issues of global importance. Renewable energy companies are dealing with concerns about liquidity, sources for additional capital, compliance, government funding and legislative support, production, operations and a volatile market—all while looking for ways to increase competiveness, gain public support and educate about the efficiencies of renewable energy. At HLB Sheehan Quinn we understand these challenges from the experience we have gained through working with clients in this unique area.
Ireland has a target of generating 40% of electricity consumption from renewable resources by 2020 (the majority of which will be generated by onshore wind). There is on-going state financial support for the sector through the REFIT programme in Ireland. Currently wind energy generation also continues to be well-supported by lending institutions in Ireland.
We provide services to energy companies from start-ups to established organizations and our services cover a wide range of technologies including:
We can provide you with the industry insights and financial advice needed to move your ideas from concept to reality. We can assist you in leveraging available tax credits and other incentives while ensuring compliance with the renewable energy regulations that are in place.
Our team of experts can manage tax implications that are involved with the project, financing the project and sale of the power.
Our services to this sector include: