Near-term leveraged leases for commercial solar investments
The first commercial solar plants can be financed through joint ventures between solar hardware manufacturers and institutions or individuals who can take advantage of the current tax incentives on capital (specifically solar capital equipment). One type of financing that is currently being considered is the leveraged lease. To implement a leveraged lease, the solar hardware manufacturer would first sell the solar plant to third-party owners (investors), who would use a mixture of debt and equity to make the purchase; then the manufacturer would lease the plant back from the investors and operate it for the term of the lease. a hypothetical 12 MWe parabolic trough system is used as an illustrative example of this financing technique. Yearly cash flows for the investors and the manufacturer/plant operator are presented. Sensitivity analyses ahow the change in the net present value of the investment when the base assumptions are varied over a wide range.
- Research Organization:
- Sandia National Labs., Livermore, CA (USA)
- DOE Contract Number:
- AC04-76DP00789
- OSTI ID:
- 6534101
- Report Number(s):
- SAND-82-8038; ON: DE83005904
- Country of Publication:
- United States
- Language:
- English
Similar Records
Impact of Research and Development, Analysis, and Standardization on PV Project Financing Costs
Financing Solar Thermal Power Plants
Related Subjects
140300* -- Solar Energy-- Economic
Industrial
& Business Aspects
140700 -- Solar Thermal Power Systems
29 ENERGY PLANNING, POLICY, AND ECONOMY
299001 -- Energy Planning & Policy-- Solar-- (1989-)
CONCENTRATING COLLECTORS
ECONOMIC ANALYSIS
ECONOMICS
EQUIPMENT
JOINT VENTURES
LEASES
MANUFACTURERS
OWNERSHIP
PARABOLIC COLLECTORS
PARABOLIC TROUGH COLLECTORS
POWER PLANTS
SENSITIVITY ANALYSIS
SOLAR COLLECTORS
SOLAR EQUIPMENT
SOLAR POWER PLANTS
SOLAR THERMAL POWER PLANTS
THERMAL POWER PLANTS