Market Analysis Insights

David Feldman's picture

Put a Fence around It: Project Finance Explained

Project Finance is a commonly used financing structure for large infrastructure projects which offers companies and investors many benefits over traditional corporate finance. While it has certain limitations and requirements, project finance can be used to raise a large amount of funds in an efficient manner. Renewable energy projects in the U.S.

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Solar PV Research & Development: Who is Footing the Bill?

Research and development (R&D) has led to improved performance, lower costs, and greater technological diversity in the solar industry, but there is still a large gap between the theoretical maximum efficiency of a solar generating system and what is currently available in the marketplace.

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Documents from Treasury Reveal Scrutiny of Awarded 1603 Grants

Recent documents released from the IRS and the U.S. Department of Treasury show increased scrutiny on Treasury's 1603 Cash Grants in Lieu of Energy Tax Credits program.  The program has awarded a significant amount of money to renewable energy project owners.  From September 1, 2009 through September 9, 2011, the 1603 program issued around $9 billion to 20,000 projects.  This large government expenditure has put an equally large responsibility on the Treasury department to ensure the funds are used correctly.

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Cost of Utility-Scale Solar: One Quick Way to Compare Projects

How can someone compare two energy projects to determine which is more cost-effective? The levelized cost of energy (LCOE), usually measured in dollars per kWh, is an informative metric when used appropriately. LCOE allows one to compare the costs of a single technology or between different technologies as their costs change over time.

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DOE helps “guarantee” future for solar

The Department of Energy’s Loan Guarantee Program has been a big supporter of solar energy.  As of July 1st, of the $20.5 billion in conditional or finalized loan guarantees, $17.7B has gone to solar projects.  Of that, $8.5B has gone to supporting nine solar electric generating projects, which constitutes over 2.8 GWAC of installed capacity.  In a

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Good Day for Sunshine

2011 is shaping-up to be a good year for the U.S. solar industry.  I recently performed some analysis for the Department of Energy to give them a snapshot of events & trends in the solar industry.  Recently reported data from suppliers, installers and banks that I viewed indicated that not only is the U.S.

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Prepay is a Good Way for Solar

Prepaying for energy, an arrangement that has grown popular in the wind industry, can also benefit solar project developers.  This arrangement is predicated on the fact that an energy purchaser, such as a utility or municipality, has access to cheaper capital than a solar energy developer.  Residential solar systems have completed prepays on a limited scale.  Although prepay

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Sunny Money: How are People Paying for their Solar Systems?

U.S. residential and commercial solar systems are increasingly purchased through creative financing structures, such as third-party power purchase agreements (PPAs), solar leases, and mortgage refinancing.  Determining what structures are being used (and how often) will help the industry promote the financing structures that are working.

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Solar Development May be Hampered by Proposed New Accounting Rules

The move for more transparency and the recognition of true risk in financial transactions may be catching up to the solar industry.  The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are responsible for establishing financial accounting standards; together, they have issued a joint exposure draft (ED) of new rules for leasing transactio