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Lending criteria for solar PV projects not inflexible, says consultancy

Engineering News – ONLINE

24 October 2014

Cash-hungry solar photovoltaic (PV) projects in sub-Saharan Africa are largely assessed by lenders on a case-by-case technical basis and, while some standard technical and nontechnical aspects would be required to reach financial close, these are not entirely inflexible, Mott MacDonald business developer and project manager Javier Relancio said on Thursday.

“[We] try to get it out of our heads that there is an absolute basis [upon which the financial viability of each PVproject is assessed] and rather look at the projects individually,” he told the Solar Indaba, in Johannesburg.  Read more…

 

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