UCBX 430 Spring 2K11 Course highlights

Investment Grade Solar System Feasibility Underwriting, Production, and Presentation of Investment Grade Studies UCBX 430 Produced and Presented By Theodore Horton, LEED AP, Managing Member NorCal PV LLC.

Key Concepts Instant Feasibility Quantifying Demand The Value Stack vs the Cost Stack Harvesting & System Design Let’s Make A Deal

The Five Questions You Need to Answer on any Project
Why is this the Right Customer?
Why is this the Right Site?
Why is this the Right Way to Buy Solar?
Is the Pain Worth the Gain?
Why Do It Now?

Course Objectives
Get to feasible projects faster
Use tax, technology, customer to get to a deal
Do it right, build it now.

The Route Instant Feasibility ID Host Capitalize Right ID SITE(S) Design Right ID TEAM Selling Solar ID RISKS Pull It All Together FIX SIZE & CAPSTACK PRESENT PROJECT

PV POWER PARTNERING WHERE PV WORKS.

Tax Appetite? YES Wants Performance Risk? Got Cash? Bankable? NO PROJECT > 400kW? PPA Operating Lease YES Capital Lease Balance Sheet YES NO YES NO NO Wants Performance Risk? YES NO NO Which Financing Structure? CREBs AB811? NO

26% VALUE STACK

Tour of Commercial Solar Project

Tilt & Azimuth Matter

Student Presentations on Solar Project as Course Capstone

The Right Customer—05APR11 The Deal—03MAY11 The Right Site—12APR11 50 40 25 10 1 Do It Now The Right Design—19APR11 Meeting the Need—26APR11 4

Host Customer Description Solar intent, Onsite Loads Define Need 1. The 12 Step Solar System Feasibility Process Tax Equity Monetization Treasury cash grants, ITC, MACRS Capitalization 2. Production Forecast Energy production, guarantees Onsite Savings 3. Step Goal Task Site Control Lease, license, easement Control 4. System Costs Contracts, leases, finance package Contract 5. Risk Factors Design, Construction, Operation Buy Out Risk 6. Capitalization PBI, Lease, debt, equity, SRECs Low Cost of Funds 7.

Permitting Fire, electrical, site code compliance Building Permit 8. The 12 Step Solar System Development Process Procurement Component & equipment delivery Vendor Agreements 9. Construction Quality, pace and intensity On-time, On-budget 10. Step Goal Task Commissioning Reduce errors and defects Utility Connection 11. Monitoring & Operations System yield, warranty service Beat Projections 12. Reversion & Expansion Add’l sites, sale/xfer of PV assets Profitability

The scientists represented by the IPCC have spoken — what we need now are passionate, even partisan political soldiers to lead the way and push the final tipping point from awareness to action. --Bill Walsh, CNN

See you Saturday 2APR 9A Registration: http://www.unex.berkeley.edu/cat/course1885.html

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UCBX 430 Spring 2K11 Course highlights

by norcalpv on Mar 27, 2011

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UCBX 430 Spring 2K11 Course highlights — Presentation Transcript