Solar financiers demand more data and insurance
Solar financing: Dustin Kahler, Vice President of renewables finance at Wells Fargo predicts that the U.S. solar finance market will scale with the sophistication of data. Speaking to a small audience at the recent Intersolar North America, he suggested that lower cost more widely-available funding for solar projects is being fostered today by a growing use of bankability exercises in the industry.
Indeed, bankability has become the mantra of solar projects of late, as U.S. financiers become more intent on analyzing project risk from engineering, procurement, construction, and then long term operational standpoints. But to calculate such risk, solid, time-honored empirical data is needed in what is still a relatively nascent industry. As a result, the acquisition, …
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