Terms, Trends, and Insights: PV Project Finance in the United States, 2017

Program Document · Mon Oct 23 00:00:00 EDT 2017

OSTI ID:1405278

Feldman, David J ^[1]; Schwabe, Paul D ^[1]

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1. National Renewable Energy Laboratory (NREL), Golden, CO (United States)

This brief is a compilation of data points and market insights that reflect the state of the project finance market for solar photovoltaic (PV) assets in the United States as of the third quarter of 2017. This information can generally be used as a simplified benchmark of the costs associated with securing financing for solar PV as well as the cost of the financing itself (i.e., the cost of capital). This work represents the second DOE sponsored effort to benchmark financing costs across the residential, commercial, and utility-scale PV markets, as part of its larger effort to benchmark the components of PV system costs.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1405278
• Report Number(s): NREL/TP-6A20-70157
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
29 ENERGY PLANNING, POLICY, AND ECONOMY
solar
photovoltaic
PV
project finance
finance
tax equity
sponsor equity
cost of capital
internal rate of return
IRR
debt
transaction costs