Now, investors who are considering whether to invest in a commercial or small utility-scale project can spend just $2,000-4,000 and receive "SolSnapshot" an initial fatal flaw analysis of risks that gives them the confidence to push forward – or the evidence they need to put the brakes on a project before committing significant amounts of their firm's time and capital.
The overall aim of SolSnapshot is to reduce the costs of investing in solar, broaden the pool of potential investments, and increase the velocity of the solar industry.
Yuri Horwitz, CEO of Sol Systems, commented, "We see hundreds of projects come through SolMarket, and one of the consistent barriers to financing is an efficient way for investors to review a project's engineering and business components. By reducing these costs through standardization, SolSnapshot provides investors and developers with an affordable fatal flaws analysis for a given project for a few thousand dollars instead of a hundred thousand, and in a few days instead of a few weeks."
SolSnapshot is part of Sol Systems' broader diligence services for investors and developers and adds a layer of depth to the project underwriting provided on SolMarket, Sol Systems' project finance arm. It advances Sol System's larger goal of standardizing and streamlining financing for the solar community.
