PV Project Bankability

Bankability of a PV project refers to its comprehensive capability to meet financial institutions' lending requirements by demonstrating technical reliability, stable returns, and controllable risks through independent third-party technical assessments. Its essence lies in translating technical language into financial credibility, thereby reducing capital's trust costs for PV assets. The assessment report provides a risk pricing benchmark for the project.

Assessing the bankability of a PV power plant project helps identify the economic, technical, and operational requirements impacting the long-term success of your financial investment. It ensures early-stage decisions align with all requirements and stakeholder expectations. The assessment report facilitates securing more favorable terms regarding financing rates, loan-to-value ratios, and insurance costs.

Financing readiness assessments encompass project compliance, site resources, design conformity, equipment selection and reliability, performance metrics, long-term risks, operations and maintenance commitments, Equator Principles ESG, and other factors.

The financing rating is ultimately determined through comprehensive evaluation of quantified technical risks, predictability of power generation revenue, and legal compliance of assets.

TÜV NORD delivers:

Risk Penetration: Quantifies risk premiums through comprehensive technical indicators.

Revenue Validation: Conducting granular electricity yield calculations, verifying LCOE calculation deviations, and securing investment returns.

Financial Translation: Generating the TÜV Bankability Rating™ report for direct integration into financial institutions' risk control systems.

This ultimately reduces project financing costs, enhances asset valuation, and positions projects as ‘premium targets’ in capital markets.