Why system testing matters for utility solar project financing

By Kathie Zipp Rebecca Rogers Chilton
By: Rebecca Rogers Chilton, Domain Expert – Renewable Energy, Live Oak Bank
More and more, utilities are seeing the advantages of renewables as part of their production mix. This leads to great opportunity–and competition–in the solar space, but first utility developers must secure debt and tax equity financing. System testing is key standard for lenders and investors as they review solar projects, so it’s important that developers understand what they’re looking for.
System testing–why it mattersUtility-scale solar projects are extremely complex systems that must be designed and engineered for precise performance and electricity production. System testing is critical for a

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