Volta: A Start-Up Company Powering West Africa

As the solar and clean energy industry grows, it’s no surprise that the target market for renewable energy technologies is now expanding to include developing communities and countries.
In fact, a host of new start-ups and innovative business models are emerging to fill this niche. One such start-up is Volta, a company currently working in Ghana […]

Microgrids: Creation, Implementation and Finance/Policy Concerns

HeatSpring is proud to announce our newest microgrid course: Microgrid Design & Implementation
Microgrids are the future of energy production and distribution, but very few people understand how to create a successful microgrid. In this course, microgrid expert Dr. Andrew Skumanich provides a practical foundation for understanding microgrids and how to build them.

The course includes a detailed […]

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 […]

Bring Your Sol to Work: Finding Career Opportunities in the Solar Industry

In a recent conversation with a young woman, I had an epiphany about why working in solar is good for the soul.  She had just returned from volunteering in Greece to help Syrian refugees receive care and assistance upon entry into the country. While listening to her, I began to think that perhaps my job […]

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 […]