Bridge Loans Are Saving Tribal Clean Energy Projects #328

#EP328 Federal funding for tribal clean energy projects has been rescinded. Tribes that invested millions in solar and microgrid projects now face stalled construction, lost jobs, and broken promises. David Harper, CEO of Huurav, is stepping in with bridge loans to keep these projects alive.David Harper is a tribal member from the Colorado River Indian Tribes on the Arizona-California border. He started his solar career fighting developers who disturbed sacred artifacts and human remains on tribal lands. Today, he runs Huurav, a company providing bridge financing for the 575 federally recognized tribes across the United States. His sister company, 7 Skyline, provides electrical engineering consulting to 80-90 tribes nationwide.Episode Highlights:The 2021 Infrastructure Bill allocated $10-15 billion for tribal energy projects. Much of that funding has been clawed back.Tribes that invested their own money now have stalled projects with no path to completion.Huurav provides 2-6 year bridge loans that allow tribes to continue construction while securing permanent financing.Capital stacking allows multiple funders (CDFIs, philanthropy, financial institutions, etc) to share risk on larger projects.Case study: Guidiville Rancheria in Mendocino County received a $1M bridge loan for a 500kW solar plus 1.5MW battery storage microgrid serving 44 homes.Huurav has 22 projects in its pipeline with more tribes requesting support.Tribal communities often suffer brownouts and blackouts because they sit at the end of utility lines. Microgrids offer energy independence.David Harper's story captures what happens when federal promises disappear overnight. Tribes that did everything right, completed feasibility studies, hired workers, and approved scopes of work, are left holding the bill. Huurav fills that gap with bridge loans sized to what tribes can pay back. This model builds credit history, creates jobs, and moves the 22 projects in their pipeline toward completion.Connect with David HarperLinkedIn: https://www.linkedin.com/in/david-harper-ab6b762b5/Huurav: https://www.huurav.com/7Skyline: https://www.7skyline.com/ Support the showConnect with Tim  Clean Power Hour  Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email:  [email protected] 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