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Documenting risk

PV projects rarely fail because of vision, permitting or demand issues. They fail because of missing proof. Documentation gaps are becoming a key source of financing and execution risk. Intertek CEA Chief operating officer Jeffrey Burkett sees a clear pattern across the market: technically sound and commercially viable projects are still unable to close financing. Not due to fundamental flaws, but because critical documentation was not built up along the way.
By
Jeffrey Burkett
Stakeholders increasingly expect to see a detailed plan for a project’s end-of-life treatment before committing capital. | Image: Decom Solar

PV projects rarely fail because of vision, permitting or demand issues. They fail because of missing proof. Documentation gaps are becoming a key source of financing and execution risk. Intertek CEA Chief operating officer Jeffrey Burkett sees a clear pattern across the market: technically sound and commercially viable projects are still unable to close financing. …

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