Featured in A compromise for the better? – 09-2013

Taking it to the bank

Bankability books: Financing counts. It’s a statement that would surprise few in the PV world, but getting project finance at the right price can make a big difference to a project’s bottom line. But how to do it best? Putting together a watertight case for project components is at least half of the battle and a comprehensive approach to documentation can go a long way. Enter bankability books, an emerging way to put the crucial information on the pathway to bankability down on paper.

It’s a phrase that is increasingly becoming pervasive in PV: quality. It applies to module components, manufacturing, project components and also to a company’s leadership and finances. But in the current market environment, where consolidation is an ongoing feature, ensuring quality and therefore bankability may not be as straightforward as it sounds. “We have been …

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