BANKABILITY OF SOLAR PROJECTS
Identification and mitigation of technical risks.
30 OCTOBER - 01 NOVEMBER 2019, SINGAPORE
About The Course
This course will provide a first-hand comprehensive discussions of the most relevant topics influencing the bankability of solar projects. This course identifies the investment risks in new and established markets illustrating their technical and financial impact depending on the stakeholder’s perspective describing as well the content of several bankability products designed for supporting investors and lenders during the decision making process.
Topics like yield assessment uncertainty, technical requirements for PV modules or Potential Induced Degradation (PID), will be treated separately due to their strong impact in the profitability of a project. The workshop will also give a clear insight into the aspects and clauses that need to be covered in PPA, EPC and O&M contracts in order to protect accurately the interests of investors and developers.
The content of the course illustrates the interface between technical results and commercial or financial interpretations brining LTA and investors to a common ground allowing an interdisciplinary and more accurate evaluation of technical outcomes with financial impact.
This course contains the know-how of PV expertise acquired over almost one decade of intensive activities in mature and nascent markets in the America, Asia and Europe.
This course will be valuable to participants involved in any of the different stages of the value chain providing a global understanding of the aspects influencing the bankability of a solar PV projects.
Beginning with introductory aspects, the instructor will lead the participant through the natural course of PV projects including references to real projects keeping a balanced mix between PV theory, hands-on practices, legal, commercial and academic topics. Through this multi-perspective approach, the participant will gain a better understanding of the interface between different stakeholders.
- Which investments risks are present in all PV projects?
- Which investment risks are more characteristic of new markets?
- Which are the Hot Spots of quality inspection?
- What risks are faced when selecting a PV module or an inverter?
- Interfaces between stakeholders in the different project phases
- Illustration of the Potential Induced Degradation effect
- Introduction to Failure Modes Effects Analysis (FMEA)
- Definition of the Risk Priority Number (RPN) depending on the stakeholder´s perspective
- Which bankability products are available for each project phase?
- How expensive is a comprehensive quality control package?
- How to make a technical report understandable for financiers?
- What makes a yield assessment bankable?
- Which aspects must be properly highlighted in a PPA, EPC and O&M contract?
Who Should Attend
There are no prerequisites to attend this course but a basic knowledge of PV technology and PV systems will help to increase the understanding of the content shared during the 3 days of instruction.
- Project developers
- Project managers
- Government policy makers
- Module manufacturers
Expert Course Faculty
He is Senior Consultant at the PI-Photovoltaik Institut Berlin AG (PI Berlin AG) based in Berlin, Germany. He has 10 years of experience in deployment of roof top and multi-MW grid-connected PV systems with physical presence in Europe, Asia, Latin America and Africa, being active in the Asian market since 2010. He has years of experience in the creation of feasibility studies, design of roof top and multi-MW PV plants, installation supervision, commissioning, energy yield assessment, tender process support, contract assessment and comprehensive quality assurance of grid-connected PV plants. The installed capacity of the power plants for which he has acted as a consultant range from 105 kWp to 350MWp. He is in charge of supervising the technical activities at PI Berlin AG, developing tailor-made design and inspection packages, site-specific inspection concepts acting as on-site specialized supervisor with presence at the key phases of the projects.
He has been actively involved in the design, supervision, operation and refinancing of approximately 3.5 GWp of installed capacity since 2007 in Europe, Asia, Africa and the Americas. He acts as consultant for several banks, lenders, governmental authorities, system integrators and module manufacturers since 2008, and is responsible for the capacity building programs at PI Berlin AG since 2014. He regularly collaborates in scientific publications and is invited as a speaker to international conferences around the world.
He acts internationally as an independent expert witness in lawsuits and court hearings and he is listed as an international expert in various organizations, including “Asian Development Bank” (ADB), the German “Physikalisch-Technische Bundesanstalt” (PTB) and “Deutsche Gesellschaft für Internationale Zusammenarbeit“ (GIZ). He holds a diploma in mechanical engineering from the University Karlsruhe, Germany (TU Karlsruhe) and speaks five languages.
Identification of Investment Risks
Risk Evaluation and Qualification of Impact
Bankability Products for Risk Mitigation
Key Documents for Financial Close
This training course has a limited attendance for up to 20 participants only. Sessions commence at 9am on all days, with short intervals at 10.30am and 3.30pm respectively.
Refreshments will be provided in the short intervals. Lunch will be provided at 12:30pm for 1 hour. Sessions will end at 5pm on all days.
Unique Features with powerEDGE Training
• Pre-Course Questionnaire to help us focus on your learning objectives
• Detailed Course & Reference Manual for Continuous Learning and Sharing
• Practical Exercises & Case Examples to better understand the principles
• Limited class size to ensure One-to-One Interactivity
• Assessment at the end of the course to help you develop a Personal Action Plan