Free-tools---heatspring

Free Course: Finance 101 for Renewable Energy Professionals

ONLINE

Description

Take this free course to gain a basic and deeper understanding of how to evaluate and communicate the financial implications for property owners to invest in geothermal, solar PV, or solar thermal projects. We start the course with understanding the basics of financial analysis. You'll learn how to perform discounted cash flow analysis, calculate net present value (NPV) of a project and how the discount rate will impact the NPV, as well as the internal rate of return (IRR). More importantly, we'll discuss what these terms actually mean in plain english. In the second part, we'll discuss how to calculate the financial implications of specific technologies and what considerations need to be taken into account that are technology specific.

Agenda

Understand Finance Basics - Learn how the basics of finance

In this section, you will learn how to perform discounted cash flow analysis, calculate net present value (NPV), internal rate of return (IRR), and how to set discount rates. More importantly, we'll discuss what these numbers actually mean, and how to talk about them in plain english.

Finance 101 for Solar Thermal - Understand how to calculate the financial costs and returns of SHW

Learn the impact of 1) Government Incentives 2) Site 3) Geography and 4) Fuel type 5) and Gross and Net Installed Costs on the returns of investing in solar thermal.

Finance 101 For Geothermal -

For geothermal, it is more difficult to precisely predict the financial implications because there are many variables in each project. This tutorial will walk you through general financial implications for 1) Customer types 2) Construction applications 3) Various fuel sources geothermal is compared against.

Finance 101 For Solar PV -

Solar PV is by far the easiest technology to determine the direct financial impacts of a project. The tutorial will walk through the impact of: 1) Gross and net installed costs, including how to calculate the value of government incentives, like MACRS 2) The impact of demand and use charges solar PV projects 3) How power production estimates and existing utility rates will impact the value a solar PV installation.

Meet The Instructor

Chris Williams

HeatSpring Learning Institute

Chris Williams works with HeatSpring developing products and managing online content. Chris is a NABCEP Certified Solar PV Installer and an IGSHPA Accredited Geothermal Installer. He has installed over 300kW of solar PV systems, tens of residential and commercial solar hot water systems and 50 tons of geothermal equipment. Chris is the Chairman of the Government Relations Committee of New England Geothermal Professional Association and he consults with renewable energy companies on sales, marketing and design.

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