Identifying profitable new business models and innovative financing schemes for PV systems
In the context of rapidly changing support systems for PV, the PV FINANCING project aims at supporting stakeholders to implement PV projects based on new business models, while applying innovative equity and debt financing schemes. The research activities of the project focus on 7 countries, namely Germany, Austria, France, UK, Italy, Spain and Turkey. Additionally, the project features a database covering 17 countries and describing the legal and administrative process steps needed for the realization of PV projects, along with a visualization of relevant economic and financial parameters. Through these activities, the project seeks to help investors, commercial banks and insurance companies improve their understanding of PV business models, which will decrease transaction costs and increase the availability for financing.
The PV FINANCING project was launched in January 2015 as a successor of the projects PV Legal and PV Grid. It is led by the German Solar Association BSW and executed by additional 12 partners from EU Member States and Turkey. Within this framework, the eclareon Policy Department is responsible for the research and update of the PV FINANCING database, as well as for the identification of existing barriers impeding the development of PV projects in the analysed countries.
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Innovation and Networks Executive Agency INEA (https://ec.europa.eu/inea/en/welcome-innovation-networks-executive-agency)