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 to deliver power, or get the system built, are very difficult to finance. What is typical (and/or […]

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 site is purchased and not leased, would one discount the purchase price with the same hurdle rate as the Customer NPV […]

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 implicates two curious aspects of human nature.
The purpose of modeling is to help us get a handle […]

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 for Solar PV Projects course.

About Chris Lord
Christopher J. Lord is a lawyer with extensive banking experience, and the Managing […]