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… Continue reading “Understanding Solar Project Finance Risks”
Why We Haven’t Crossed the Chasm in Residential Solar & What to Do Just because we’re not shooting fish in a barrel doesn’t mean we’re moving past the late early majority, venturing into the mainstream, or “crossing the chasm” of residential solar. Since December 2015, I’ve been exploring the macro changes happening in… Continue reading “Why We Haven’t Crossed the Chasm in Residential Solar & What to Do”
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”
Modeling Your Solar Project’s Cash Flows – When to Increase Granularity In this article, Chris Lord, expert instructor at HeatSpring, lawyer with deep banking experience, and the Managing Director of CapIron, Inc., outlines when it’s important for solar businesses to increase granularity in their solar project’s cash flow model. Key Takeaways: When… Continue reading “Modeling Your Solar Project’s Cash Flows – When to Increase Granularity”
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”
[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”
Solar Executive MBA – Learn How to Model, Price, and Find Investors for Your Commercial Solar Projects Whose job is it to understand all of the numbers behind a commercial or utility-scale solar project? “That’s somebody else’s job,” is the response we hear from most people in the solar industry. We built the Solar Executive MBA for… Continue reading “Solar Executive MBA – Learn How to Model, Price, and Find Investors for Your Commercial Solar Projects”
Guide to Bridge Financing For Solar EPC Contractors Over the past month, I’ve seen a pick up in the amount of companies that are offering ‘bridge financing’ to small and middle size solar PV contractors. So, I thought I would put together a short post and a free… Continue reading “Guide to Bridge Financing For Solar EPC Contractors”
Finance 101 for Solar PV Professionals In order to sell solar PV projects, especially commercial projects, you need to understand finance. Understanding finance will allow you to calculate and communicate the financial benefit of a system to your client. Download the Commercial Solar Finance Model Read… Continue reading “Finance 101 for Solar PV Professionals”
How Do you Handle Your Customers’ Tough Questions About Solar Leases? This is the third video in a five part series that HeatSpring created with BrightGrid Renewable Energy Finance to help residential solar contractors learn more about solar financing and leases. The goal is simple, we want to help installers to… Continue reading “How Do you Handle Your Customers’ Tough Questions About Solar Leases?”
What Residential Solar Companies Need to do to Successfully Offer a Solar Lease According to the State of California Energy Commission, in Q3 of 2011, the majority of residential systems were financed. What does this mean for solar installers? Simple. The solar lease is becoming the industry norm and you need to be… Continue reading “What Residential Solar Companies Need to do to Successfully Offer a Solar Lease”