SOLAR
PROJECT FINANCE
6 - 9 March 2017 - Dubai

A strategic framework to understand the business models and peculiarities of solar energy projects

This four day course on financing solar power projects presents the tools and framework to analyse and understand the financing of solar energy projects and to deliver a structure on how to develop a financial model that allows in-depth quantitative assessment of key measures and risksIn this course we will understand the difference between solar power and solar energy, how PV is installed and configured, how inverters can maximize power when configured logically, how the basic unit of the PV system can be expanded from a single PV module to a 100MW solar farm, with the same basic knowledge.

 

 

COURSE
BENEFITS

• Understanding characteristics of solar energy projects and what makes them different from other energy projects. 

• Learn about operating models as well as financing instruments used to solar power projects. 

• Learning what is required by financiers to close the deal. 

• Identify project risks and develop strategies to drive down risks in a risk-driven project development process. 

 

KEY
TAKEAWAYS

A strategic framework to understand the business models and peculiarities of solar energy projects. 

• An understanding of the physical and technical aspects of solar energy and hybrids

 Gain confidence in using operational models: revenues, costs and working capital 

 Master best-practice techniques for financing renewable energy projects

 

DOWNLOAD THE FULL BROCHURE HERE REGISTER FOR THE COURSE HERE

 

   AGENDA
 AT A GLANCE

 

Technical Aspects of Solar Energy & Operating Model

• Introduction to solar energy sources and technologies: estimation of annual energy production.
• Solar PV, Solar Thermal and Hybrid
• Variability in annual energy production
• Estimations of annual energy yield: Solar PV and Hybrid

 

 

Operational Models and Sources of Finance

• Revenues and operational costs
• Financing instruments: Equity, loans, bonds, leasing, guarantees, tax credits
• Modelling debt: repayment schedules, interest calculations, multi-currency
• Introduction to non-recourse project finance

 

Financial Model, Structuring and Risk Assessment

• Understanding model outputs
• Structuring and debt sizing
• Structuring the project 
• Deal with risks: discard, avoid, control, mitigate, finance and monitor residual risks. Discuss implications on model.

 

Investment and Lending Decision, Risk Assessment and Model Applications

• Investment, credit and lending decisions
• Debt refinancing
• Secondary equity sales
• Risk analysis: Sensitivity Analysis
• Scenario Analysis
• Monte Carlo Analysis
• Contractual Framework

 

YOUR
TRAINER

Your renewable energy trainer this year will be Joachim Baumgaertner who is founder and managing director of Green Rhino Energy, an independent specialist consultancy advising companies in clean energy across the value chain and technologies.. Read more about Joachim below:

JOACHIM BAUMGAERTNER
Managing Director
Green Rhino Energy Ltd

Joachim brings project ideas to fruition by bridging complementary areas of renewable energy technologies, project finance and experience in project development. Joachim has been involved as both consultant and developer in utility-scale solar and wind power, solar greenhouses and wasteto- energy plants with a focus on Africa, including South Africa,
Zimbabwe, Ghana, Sierra Leone, Egypt, and Namibia.

Joachim has been part of a team winning project competitions held at “Making Solar Bankable” in Amsterdam and “Africa Energy Forum” in London 2016 for the development of a solar portfolio in Sierra Leone. Joachim was featured on 21st Century Business TV shown on CNBC Business and Fox Business. He has been guest speaker at conferences, e.g “Utilityscale PV” in Milan 2011 and Envirotech Summit 2013 in London.

Prior to founding Green Rhino Energy in 2008, Joachim managed global projects in credit trading and market risk management at HSBC in London, Hong Kong and New York, and consulted for BP International on its strategic credit risk management platform. Joachim has a Masters in Electrical Engineering from the University of Stuttgart. As an engineer he conducted research into off-grid hybrid renewable energy systems with solar photovoltaics, wind turbines, batteries and diesel engine at the Centre for Renewable Energy in Loughborough, where he was awarded an MPhil. He gained an MBA with distinction from London Business School.