The Inflation Reduction Act has supercharged clean energy investment in the US through generous tax credits for renewable energy projects. But monetizing those credits can be cumbersome, especially for smaller project developers. My guests today are working to change that. In this episode of The Clean Power Hour, Tim Montague speaks with Erik Underwood and Derek Silverman, co-founders of Basis Climate, about their new platform designed to help streamline and democratize tax credit transfers for clean energy projects. Erik Underwood has spent his career developing, investing in, and operating sustainable infrastructure projects across the world for developers and private equity investors alike. Erik formerly worked at Aela Energia, Marathon Capital, and Mainstream Renewable Power. Derek Silverman is a software engineer turned product manager, Derek was on the founding team at CrowdTangle, a social media analytics tool acquired by Facebook in 2016. Before forming Basis, he was leading product at Rewiring America. Together they saw an opportunity to leverage technology to make tax credit transactions more efficient, enabling faster deployment of clean energy capital. They discuss how tax credit transfers work. Erik and Derek explain how their platform brings buyers and sellers together to facilitate these transactions, reducing friction through standardized diligence checklists, documentation, and processes. They highlight how Basis Climate is focused on democratizing access to tax equity, allowing smaller project developers to tap this market rather than having to sell projects to larger players. Erik and Derek touch on how they are expanding beyond solar, wind, and storage to support other IRA clean energy tax credits. Key Takeaways How exactly do tax credit transfers work for clean energy projects?What are the key steps in the tax credit transfer process?How can tax credit transfers allow smaller developers to tap tax equity?What other clean energy tax credits will Basis Climate support besides solar, wind, and storage?Social Media Handles Basis Climate LinkedIn Basis Climate Basis Climate X Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTube Tim on Twitter Tim on LinkedIn Email [email protected] Review Clean Power Hour on Apple Podcasts The Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: [email protected] Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com