New Tool Helps Developers, Investors Assess Solar Project Risk


Solar finance firm Sol Systems has launched a tool to help solar developers and investors analyze the risk of a solar project before they commit capital to it.

The tool, called SolSnapshot, helps investors review a project's engineering and business components so they can decide if the project will be worth it for them. According to the company, the new ‘report card’ helps identify the solar projects' risks early on, thus reducing transaction costs and making more projects financially feasible.

‘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," explains Yuri Horwitz, CEO of Sol Systems." By reducing these costs through standardization, SolSnapshot provides investors and developers with an affordable fatal-flaws analysis for a given project.’

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