SEIA estimates that 1.523 GW of community solar were installed in the U.S. through 2018 and that the U.S. community solar market will increase as much as 3.5 GW in the next 5 years. As the number of proposed and installed community solar projects continues to rise, there is a need for due diligence tailored to community solar to support these projects at various transactions points.
Although the technical aspects of community solar projects are largely the same as similarly-sized non-community solar projects, the business elements of these projects can be unique. This poster will identify the unique diligence considerations for community solar projects (e.g., platform and subscriber management contracts) and also highlight best practices in community solar due diligence (e.g., subscription manager performance guarantees).
The target audience for this poster is solar industry personnel involved in the transaction process, such as M&A staff, legal/financial advisors, and independent engineers. The audiences’ key takeaway will be an understanding of the unique—but very important—aspects of community that require careful consideration during the project due diligence process.