PV Project Finance in the United States, 2016

Research output: NRELBrochure


This brief is a compilation of data points and market insights that reflect the state of the project finance market for solar photovoltaic (PV) assets in the United States as of the third quarter of 2016. This information can generally be used as a simplified benchmark of the costs associated with securing financing for solar PV as well as the cost of the financing itself (i.e., the cost of capital). Three sources of capital are considered -- tax equity, sponsor equity, and debt -- across three segments of the PV marketplace.
Original languageAmerican English
Number of pages4
StatePublished - 2016

NREL Publication Number

  • NREL/BR-6A20-66991


  • balance of system
  • finance
  • financing
  • photovoltaic
  • PV
  • soft costs
  • solar balance of system
  • solar project
  • solar soft costs


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