This is your SolarWakeup for June 24th, 2016

Solar projects have deadlines and more often than not, developers push the envelope on those deadlines in the hopes for the maximum profit. One thing I learned trading options was that time kills the premium and it couldn’t be more true in solar projects. Rushing the transaction costs more in lawyers and human resources. Rushing the install costs more on the EPC. It also stops the buyer from being able to put several projects together and get some of that premium back to the developer. Not sure that I resonate with sellers of projects but I hope that I do. I’ve seen this first hand and I can attest that majority of the time, dev fees are highest if time is not yet a factor.

Opinion

Have a great day!

Yann