Bankable Solar Panels

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.

Bankable solar panels.

Solar bankability is a project funded by the european commission s horizon 2020 programme. 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. 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. Wuxi suntech power co ltd.

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. With declining costs and increasing amounts of solar storage added to electrical grids across the globe there is a growing need to understand how to build bankable projects. Has been ranked one of the world s most bankable pv module brands according to the bloomberg new energy finance bnef 2019 pv module bankability report. 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.

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. One key metric to consider is the bankability of your solar panel manufacturer. 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. Forecast solar power production for optimized asset management read more.

Making solar bankable will involve 600 high level decision makers from around the world. In a recent pv.