Building and Managing Decentralized Solar Project Teams Chris Lord has helped fund and develop hundreds of megawatts of solar projects over the past eight years, but his company is small. I asked Chris to explain how he builds and manages a decentralized group of collaborators to have… Continue reading “Building and Managing Decentralized Solar Project Teams”
Managing a Commercial Solar Portfolio: How Solar Developers, EPC Contractors and O&M Teams Work Together Chris Lord helps his clients manage a portfolio of solar assets. In that role he’s also managing a network of subcontractors who don’t always have aligned interests. This is the sort of thing Chris and Keith Cronin cover in their… Continue reading “Managing a Commercial Solar Portfolio: How Solar Developers, EPC Contractors and O&M Teams Work Together”
How Does a Solar Project Dealmaker Spend His Time? “Solar Project Dealmaker” is the best way to describe Chris Lord. He’s a lawyer, financial modeler, and builder of project teams. Hearing about his work helps you understand how big solar projects happen. Below you’ll hear about a few projects… Continue reading “How Does a Solar Project Dealmaker Spend His Time?”
Here’s the Financial Model Chris Lord Uses to Unlock MW Solar + Storage Projects Financial models get solar projects built. Financial models make deals happen. Financial models make owners, developers, EPCs and investors a lot of money. So the people who build financial models are valuable. Many people understand financial models from a high… Continue reading “Here’s the Financial Model Chris Lord Uses to Unlock MW Solar + Storage Projects”
Solar MBA: Contract Financing Language, Site/Land Leases and MOU’s Chris Lord and Keith Cronin tackle student questions on the Solar Executive MBA Discussion board… Power Purchase Agreement Financing Language Student 1: I have a follow up question about Power Purchase Agreement (PPA) financing. You indicated agreements with penalties for failure… Continue reading “Solar MBA: Contract Financing Language, Site/Land Leases and MOU’s”
Economic Modeling Basics for A Solar Project Happening on the Solar Executive MBA Discussion Board… ___________________________________ Construction Debt/Loans, SRECs & Purchasing vs. Leasing a Site Student 1: 1. What is the difference between project debt and the construction loan? 2. What is SREC and Single SREC? 3. If the… Continue reading “Economic Modeling Basics for A Solar Project”
The Solar Developer’s Modeling Challenge: How Much Detail Is Enough? In the article below, Chris Lord, HeatSpring’s expert instructor, outlines when and why detail in modeling cash flows from a renewable energy project really matters. Key Takeaways: Modeling forces us to confront the troubling “unknowns” about our project, and that… Continue reading “The Solar Developer’s Modeling Challenge: How Much Detail Is Enough?”
Free Tool: Site Lease vs. Buy Modeling Calculator Chris Lord’s FREE Site Lease vs. Buy Modeling Calculator allows users to compare a lease rate against a potential purchase of a solar PV site where the lease rate (including escalator) is known. This tool is used in HeatSpring’s Financial Modeling… Continue reading “Free Tool: Site Lease vs. Buy Modeling Calculator”