overview

Key Learning Objectives

• Understand the commercial implications of the latest developments in solar energy technology.
• Be able to assess the cost of solar energy at scale and retail levels.
• Appreciate the implications of changing government support and regulation for renewable energy across multiple jurisdictions.
• Research the major solar panel production companies worldwide.
• Value solar assets using all applicable methodologies.
• Compare a range of grid, corporate and retail solar projects across multiple AsiaPacific jurisdictions.
• Use corporate and project finance structures for solar energy projects.
• Model solar panel output.
• Audit and compare solar energy financial models.

About the Course

The inexorable rise of solar energy both on and off-grid has created the need for project participants to understand not only the technical aspects of solar panels and energy transmission, but also the regulatory background, economic rationale for solar projects, the financial structures that are being employed to make them profitable, and the financial models that underpin them.

The initial focus of the course is on the current state of the industry in Asia-Pacific. Recent technical developments have led to rapid cost decreases, which require detailed consideration of benchmarks, forecasting techniques, and the range of possible trajectories of technical development, competition from other energy sources, and compensating battery storage possibilities. The next step is to analyse current market conditions in detail, at grid, corporate and retail level, examining both the range of regulatory frameworks that apply at national and sub-sovereign level throughout Asia-Pacific, the solar value chain, and the availability of both equity and debt finance for solar projects, including examples of international agency support.

This permits delegates to work in groups to analyse the rationale, financial structure, management and outcomes of individual projects, including grid electricity supplier initiatives, corporate offtake deals both on and off-grid, and retail supply examples. This group work in turn leads to consideration of the valuation methodologies involved and the valuations solar projects and companies currently achieve. Delegates will then use the market knowledge and valuation techniques they have acquired during the course to audit, compare and perform risk analysis on solar financial models

Who Will Benefit

This course is designed for renewable industry professionals and others who need to gain a detailed understanding of how solar projects can and are being successfully financed and executed in Asia-Pacific. The step-by-step method of training allows those without prior experience of finance or financial modelling to gain as much from the course as all other participants.

The course will therefore benefit engineers, solar specialists, developers, promoters, those working in corporates engaged in solar offtake projects and retail solar firms. The course is also designed to benefit lawyers, accountants and bankers, as well as investors, economists, regulators, and those involved with the development of solar energy policy within government and local communities.