Three Trends in Solar That Can Boost Income for Solar Industry Members

With wildfires increasing, along with solar mandates, power shortages and power outages, new trends in solar are emerging.

In fact, the top three trends in solar in 2022 will be power purchase agreements (PPA) that include storage, car companies’ embracing electric vehicles, and software that accelerates solar development opportunities, says Keith Cronin, co-instructor of HeatSpring’s Solar […]

Understanding Solar Project Finance Risks

In an ideal world, solar developers would find an appropriate site for solar, the local utility would offer low interconnection costs, the investor would receive a reasonable financial return and the surrounding community would welcome the project.

This would make developing a solar project easier than most because the risks would be relatively low, says Keith […]

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 […]

Why Will Net Metering Dissolve? What Should Residential Solar Pros Do?

Hawaii has officially abolished net metering (NEM) and switched to a different metric for compensating consumers for their non-firm energy… so what is the industry to do?

If you are in the residential solar field today, changes are coming to your neighborhood very soon. Be prepared for how your business will be forced to adapt, as this could […]

Economic Modeling Basics for A Solar Project

Happening on the  Solar Executive MBA Discussion Board…
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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 […]