Tue, January 30, 2018 - 9:00 - 10:20 ZERO-SUBSIDY PROJECTS This session will discuss what the ingredients to make post-subsidy development work are. The countries we will focus on are Italy, UK, Spain and Portugal. SITE SELECTION: What is the sweet spot for the post-subsidy site: cheap land, trouble free connection and irradiance? What should you prioritise? What are Lead Gen strategies to find these sites? How does that change across different countries? COST OF CAPITAL: What is the cost of capital that you can access? What is HNWI approach to this space? Debt: can anyone raise debt against these projects? Is it construction finance? MARKETPLACE Barrier to entry: How many companies can actually make this work? Per country what are the deployment projection up to 2020? What is the best country to chase this? Italy, Spain, Portugal or UK? DEVELOPMENT Project size: what are the minimum ticket sizes by country to reach efficiencies to lower cost? Component prices: are manufacturers entering in long term partnership with developers to stimulate this market? Timelines for development, construction: How many spreadsheets have turned green already? Built times: what is the rush? How do built times will change now that there aren’t any deadlines? Fixed costs: What are development costs and how much resource should you allocate to these projects? STORAGE How does storage can help the business case and change the economics? How does it change the risk profile? What are the revenue stack that you can access in a post-subsidy sites How does the financing behind a project change if storage is included? UTILITY PPAS What are the lengths of PPAs available in different countries? Why are utilities against longer PPAs? What are the rates and the structures? Fixed or Floating? How does your view on power prices affect the type of PPA you should go for?