Financing transactions for clean energy projects are closing slower than they should. Not only because of policy uncertainty or market conditions, but because of something far more mundane: the tools we use to manage them.
Now, the pressure is even higher. Under the Senate’s proposed reconciliation bill, clean energy projects must be placed in service by December 31, 2027 to qualify for federal tax credits. For many solar and wind developers, that’s a shockingly short runway. There is no time to waste – and no room for bottlenecks.
Project finance teams are caught between two inadequate options. On one side: spreadsheets and generic platforms. On the other: the messy, nuanced realities of real-world deals.
Here’s the fundamental problem: no two projects are the same. Sites differ. Contracts shift. Credit structures vary. And yet, most tooling tries to standardize complexity away.
When Tools Fight Reality
Legacy platforms – generic ERP systems, project management suites – often flatten what makes each project unique. A tax equity deal gets squeezed into the same workflow as a power purchase agreement. A brownfield solar project follows the same checklist as a greenfield wind farm.
Meanwhile, spreadsheets offer endless flexibility but become increasingly brittle: version issues, buried clauses, scattered assumptions, analysis that can't keep up with fast-moving deal dynamics.
Most teams still juggle critical documents across fragmented data rooms and inboxes. Which version is final? What’s missing? Contract negotiations often live in email threads with no clear owner – whose court is it in now? Which markup is the latest?
The result? Teams either force unique deals into generic boxes or abandon structured tools entirely for ad-hoc solutions. Neither approach scales, and both introduce risk.
Projects Deserve Tools That Flex, Not Flatten
Tooling should meet project teams where they are and elevate their work, not constrain it. That means:
- Context-aware tools that adapt to real deal structures
- Dynamic data that surfaces obligations, risks, and opportunities in real-time
- AI that enhances team decision-making without replacing expertise
We’re building BuildQ to prove that the future of project management is neither rigid standardization nor spreadsheet sprawl. It’s purpose-built, intelligent infrastructure that keeps deals moving fast, aligns teams, and cuts costs.
A Final Thought
We’ve said it before and we’ll keep saying it: execution is the new bottleneck in clean energy. The projects are getting funded. And with deadlines like December 2027 looming, teams can’t afford to lose weeks or months to error-prone workflows.
So what's slowing us down? The complexity mismatch. When your tools can't handle the nuances of your deals, everything else becomes harder.
Projects are already hard enough. The tools shouldn’t be.