3 Tax and ITC Considerations for Your Solar Project On the Solar Executive MBA Training Discussion Board… Key Takeaways: Depreciation benefits tend to be far lower than the value of the solar investment tax credit (ITC) If an asset is deemed an “integral” part of the solar PV system then it can… Continue reading “3 Tax and ITC Considerations for Your Solar Project”
Solar Women Summer Series: Getting Involved with the D.O.E. SunShot Initiative The teams at HeatSpring and RenewableEnergyWorld.com are excited to kick off Solar Women Summer Series, a series of interviews featuring women who have taken HeatSpring’s solar courses and other interesting women doing important work in the solar industry. This week we feature Dr. Lidija Sekaric, Director of… Continue reading “Solar Women Summer Series: Getting Involved with the D.O.E. SunShot Initiative”
4 Reasons Commissioning on Larger Solar PV Systems is Important The article below is an excerpt from the discussion board of our last Solar Executive MBA cohort. Student A and Student B are interested in learning more about: The importance of commissioning on larger solar systems The potential volatility of SRECs… Continue reading “4 Reasons Commissioning on Larger Solar PV Systems is Important”
Interview: Financial Models and Sample Documents for Commercial Solar Projects I recently spoke with Chris Lord and Keith Cronin about some of the financial modeling tools and sample documents that they frequently use to teach solar professionals working on commercial projects. Chris and Keith, who co-teach our Solar Executive MBA… Continue reading “Interview: Financial Models and Sample Documents for Commercial Solar Projects”
Solar Leases vs. Solar Loans vs. Utility Rates vs. Cash Purchase (Used with permission. Source: http://cinnamonsolar.com/about-us/lease-borrow-or-buy/) The graph above is one of my favorites about the residential solar industry. It explains exactly why residential solar leasing is dying. It was created by Barry Cinnamon from Cinnamon Solar as a sales tool… Continue reading “Solar Leases vs. Solar Loans vs. Utility Rates vs. Cash Purchase”
[Interview] Lessons Learned Developing Community Solar in Washington State (Source: Joe Deets from Community Solar Solutions. Used with permission) Today, I have a great interview for you community solar development lessons learned. I spoke with Joe Deets from Community Solar Solutions in Washington State. Joe was responsible for lobbying… Continue reading “[Interview] Lessons Learned Developing Community Solar in Washington State”
Part 3 – Step-by-Step Process for Screening Land for Solar Development This is the third article in a three-part series about outlining the process for purchasing land with the intent to lease it to a solar developer. This is a personal project, but I felt it would be fun and appropriate… Continue reading “Part 3 – Step-by-Step Process for Screening Land for Solar Development”
Part 2 – Solar Development Risks 101 This article is the second part of a three-part series about how to identify land that is suitable for developing a ground-mount solar project in Massachusetts. The inspiration for this post is my personal interest in acquiring land to lease to… Continue reading “Part 2 – Solar Development Risks 101”
[Interview] Grid Storage Economics and Policy 101 There has been a huge amount of buzz about storage lately with more press hitting every week. SCE signed 250MW worth of contracts, Sandia is investing in battery reliability studies, the Navy is investing in micro-grids, Texas is evaluating storage, and New Jersey has issued… Continue reading “[Interview] Grid Storage Economics and Policy 101”
How Wall Street Capital Is Standardizing Commercial Solar Due Diligence NOTE: If you’re coming from HeatSpring’s newsletter and you want to watch the video presentation, please scroll down near the bottom of the article. One of the largest trends happening in solar right now is Wall Street capital flooding into… Continue reading “How Wall Street Capital Is Standardizing Commercial Solar Due Diligence”
Step-by-Step Guide on How to Sell Your Commercial Solar Projects to Investors In this video, Noel Lafayette from SHR Energy discusses in step-by-step detail what a commercial solar developer needs do to sell a project to a solar fund. If you’re curious, I interviewed Noel in the beginning of 2014. The article… Continue reading “Step-by-Step Guide on How to Sell Your Commercial Solar Projects to Investors”
How Commercial Real Estate Owners Deal with Solar PPA Pricing Risk In the 10-minute video above, Darien Crimmin, VP of Energy and Sustainability for WinnDevelopment, describes how he looks at the pricing risk of signing solar PPAs from the perspective of a large property owner. WinnDevelopment has a $2.5 billion real-estate… Continue reading “How Commercial Real Estate Owners Deal with Solar PPA Pricing Risk”
What Commercial Solar Developers Need to Know about Yieldcos If you’d like to listen the interview, please scroll to the middle of the article. There’s been a huge amount of buzz about yieldcos and their potential impact on financing more commercial solar projects by providing cheaper capital. There have been… Continue reading “What Commercial Solar Developers Need to Know about Yieldcos”
Community Solar 101 There’s been a lot of buzz about community solar lately. While the amount of investment in community solar projects is a fraction of the investment of the entire solar industry, there are a few leaders who recognize the incredible potential… Continue reading “Community Solar 101”
How to Handle Unknown Risk to Increase Solar Project Success Image: Universe of Issues, Risks, and Challenges This is a guest article from Chris Lord, Managing Director at CapIron, Inc. He’s a former lawyer with extensive banking experience who now consults with solar developers and investors. I’ve never met anyone… Continue reading “How to Handle Unknown Risk to Increase Solar Project Success”
The Most Common Solar PPA Modeling Mistake, The Fix, and a Free Tool This article will address the most common error that developers and EPCs make when modeling commercial solar PPAs. The video below will discuss the problem, the solution, and provide a free tool you can download so you can work through… Continue reading “The Most Common Solar PPA Modeling Mistake, The Fix, and a Free Tool”
Interview with Cory Honeyman, GTM Research Solar Analyst, on Emerging Trends in Residential and Commercial Solar In this interview, GTM Research Solar Analyst Cory Honeyman provides some background on the U.S. Solar Market Insight Report and discusses trends in residential and commercial solar, including hard costs, important skills for salespeople, state incentives, common misconceptions, and financing.… Continue reading “Interview with Cory Honeyman, GTM Research Solar Analyst, on Emerging Trends in Residential and Commercial Solar”
How to Price the Risk of Cash Equity vs Tax Equity Positions in Solar Partnership Flips This article is part of a series common topics and questions that professionals have about financing commercial solar projects. Chris Lord of CapIron provided some insights into pricing certain types of investor risk in partnership flips. Chris is a co-teacher… Continue reading “How to Price the Risk of Cash Equity vs Tax Equity Positions in Solar Partnership Flips”
How to Calculate the Buyout Price for Commercial Solar PPAs This article is part of a series tutorials, interviews and definitions around commercial solar financing that is leading up to the start of our next Solar MBA that starts on Monday September 15th. In the Solar MBA students will complete financial… Continue reading “How to Calculate the Buyout Price for Commercial Solar PPAs”
[Interview] How to Provide Solar Financing to Any Non-Profit Solar Project Larger Than 50kW Lee Barken and his team at Collective Sun have figured out the holy grail of commercial solar financing. Collective Sun can provide solar financing to non-profit solar projects from 50kW and up. Currently, they’re offering their product in California but… Continue reading “[Interview] How to Provide Solar Financing to Any Non-Profit Solar Project Larger Than 50kW”