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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)Ā projectsĀ inĀ sub-Saharan AfricaĀ 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 andĀ projectĀ managerĀ Javier RelancioĀ said on Thursday.

ā€œ[We] try to get it out of our heads that there is an absolute basis [upon which the financial viability of each PVprojectĀ is assessed] and rather look at theĀ projectsĀ individually,ā€ he told the SolarĀ Indaba, inĀ Johannesburg. Ā Read more…

 

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