Bankable Solar Panels

Forecast solar power production for optimized asset management read more.

Bankable solar panels.

Given that the majority of a solar project s capital expenditure is epc costs approximately 70 90 iii the cornerstone of any bankable solar project is a properly negotiated epc contract. In a recent pv. Several opportunities are available to build and promote your brand to a diverse yet focused group of high level international and local stakeholders including investors financiers project developers epc s ipp s and manufacturers. Solar bankability is a project funded by the european commission s horizon 2020 programme.

One key metric to consider is the bankability of your solar panel manufacturer. Bankability of a solar module means that your bank is willing to finance a project with the solar modules that you selected as they re confident about the quality and durability of the solar module and the sound state of the manufacturer. Wuxi suntech power co ltd. Our customers trusted by 1000 organisations in 100 countries.

As such developers must offer lenders and investment partners bankable epc contracts that centralize the responsibility for meeting many of the perceived challenges associated with a big solar project and make the risk profile of the entire solar project more attractive to such potential partners. For example say you purchase a solar pv system from a top solar installer but they are providing you with panels from a tier 3 manufacturer. The group first developed the tiered system for pv modules to create a transparent differentiation among the many solar manufacturers so financial institutions could easily determine which brands were bankable. Making solar bankable will involve 600 high level decision makers from around the world.

It will run from march 2015 until february 2017 and its aim is to contribute to the reduction of the risks associated with investments in sustainable energy projects. The official origin of the phrase tier 1 solar panels comes from bloomberg new energy finance.