Full Title: Renewable Energy Finance Tracking Initiative (REFTI) Solar Trend Analysis
Author(s): Ryan Hubbell, Travis Lowder, Michael Mendelsohn, and Karlynn Cory
Publisher(s): National Renewable Energy Laboratory
Publication Date: September 1, 2012
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Description (excerpt):
This report presents trend analyses of various financial terms for solar photovoltaic (PV) projects and concentrated solar power (CSP) projects as reported in the National Renewable Energy Laboratory’s (NREL) Renewable Energy Finance Tracking Initiative (REFTI). REFTI delineates PV systems into two sizes: small (<1 MW) intended to capture residential and commercial systems, and large (≥1 MW) intended to capture utility-scale systems. The data were collected from industry stakeholders over seven analysis periods from the fourth quarter (Q4) of 2009 through the second half (2H) of 2011. All REFTI data are provided voluntarily with respondent confidentiality of paramount importance. Although these limit the scope and granularity of the project, REFTI is still the only publicly available resource for renewable energy project financial terms. It offers renewable energy stakeholders a set of information upon which project terms can be benchmarked.