Financee Solarwin Street Lights
Project Financing
SolarWin streetlights project financing is tailored to meet each customer’s specific needs. SolarWin provides advice and direction in helping customers determine which financial solution is appropriate for them, taking into account variables including ownership structure, federal and state tax appetite, current electricity prices, cost of capital, state investment return requirements, total system costs, and system life.
Common solar financing solutions include
Direct Ownership / Capital Purchase – Own the system outright using capital funds or the appropriate combination of debt and equity to fit your unique circumstances, and receive all financial and tax benefits associated.
Lease – Finance the system with a capital or operating lease; both options enable 100% financing so you can use your capital elsewhere.
Solarwin can assist with securing the appropriate leasing solution through our financial partners.
Bankable Project Development Book BPB
A Detailed Project Development Book is one of the most important documents to assess the feasibility of project and to get financial closure. SOLARWIN with its sector expertise and established standing in the renewable energy consultancy not only gives the most exhaustive analysis of the project but also enjoys the confidence of industries, investors and banks alike.
- Site visit to analyze on ground conditions and relevant data collection including land available, soil stability, infrastructure required etc.
- Calculation of electricity saving
- Detailed analysis and market scan of the available technology on the basis of access area availability and varied project requirements.
- Designing the complete system to minimize system.
- Analyzing and enlisting of requirements of maintenance, spare parts, special tools, manpower training and operation manual.
- Drawing a detailed Implementation plan including execution strategy, project team and project execution schedule.
- Description of different risks viz technology, project completion, regulatory, plant performance and operating, financing and tariff risk.
Why the Bankable Project Development Book (BPB)?
Is so important for the Customer and Investors
- BPB prepared and requested for funding companies and Banks.
- BPB makes the project Bankable
- The key for funding the project by Green Org.
- Funding companies require accurate data obtained from the feasibility study.
- Require accurate data for business plan, detailed design and project performance.
- BPB present multi disciplines design and the security “of pay back” to FUNDING COMPANIES.
- The “Solar plats” investment is around 10 – 20 million USD
- With the BPB, we can arrange credit for 10 years with soft interest rates (3-5%max) for the materials and equipment cost.
- For a loan or mortgage, the insurance companies will provide client the Surety bond rate of 1-2%
- Without the Bankable Project Development Book most of the projects fail due poor preparations and detailed design.
Funding Guarantee your project
- 100% LTV (security = Loan To Value means: Projected cash flow of full funding business plan)
- No personal guarantee
- No credit checks
- No loss of equity in your business
- No equity to bring in
- No collateral to deliver
- No delivery of company shares
- Quick turnaround time – often 60 - 90 days
- Flexible repayment terms (paying back earlier without penalty)
Bankable Project Development Book ACTIONS
- Data gathering and complete project Due Diligence
- Complete project design
- Civil Engineering (client responsibility)
- Project Allocation
- Feasibility study
- Business plan
- Financial analysis
- Detailed Project Reports
- Electrical Engineering
- Procurements of all the equipment