The Solar Executive MBA is technical, rigorous, and challenging. It’s the most intense six-week course you’ll ever find but also the most valuable. We developed it for leaders who are responsible for the financial details that drive solar projects.
The course gives you the financial modeling background and perspective often lacking in deal negotiations that will help you quickly and easily navigate the most complicated projects to find the quality projects you want to develop, own, and operate. The course is taught by two instructors: Keith Cronin, who built and sold his solar installation business to SunEdison, and Christopher Lord, a lawyer with extensive banking experience who works with solar companies to find viable projects and qualified investors.
Change the status quo in the world by becoming part of a clean energy revolution that requires a highly refined and up-to-date professional skill set.
Students in the Solar Executive MBA will:
The capstone project for this course means working a deal from start to finish. You'll take one of your own projects, or a sample project, through each step of the process during each week of the course, from development to financial modeling to dealing with investors, all with the expert guidance of the instructors.
- Learn how to run the numbers to value a solar project
- Learn the analytical tools and strategies for pricing a deal competitively
- Learn how to work with investors to build good relationships that lead to future opportunities
- Download and use a comprehensive Excel model for evaluating and pricing commercial solar PV projects
- Receive all of the legal documents and contracts necessary to finance a project
- Have the opportunity to participate in weekly conference calls (and/or listen to the recordings afterward)
Tools & Documents Worth $25,000
This course contains over $25,000 worth of sample legal contracts, documents, and modeling tools that you will need to develop and finance a commercial solar project.
Weekly Live Conference Calls + Discussion Board Interaction
For the entire duration of the course, students post questions on the discussion board for Keith, Chris, and other students. At the end of each week, Keith and Chris host a 1-hour conference call to discuss the week's material with the group and answer student questions. Recordings are posted for students who are unable to participate.
Keith and Chris have distilled decades of industry experience into a truly unique and valuable course. We are confident that you will get your money's worth out of this experience. After the first week of the course, it you don't agree, let us know and we'll make it right or refund your money.
Required: Microsoft Excel
You'll need a recent version of Microsoft Excel and an intermediate level of skill using the software in order to be successful in this course.
International Students Welcome
Although the lectures and discussions in this course focus on the United States, students from 18 different countries have participated. They have found that much of the material is applicable to their own work.
Note: Not a Full Master's Degree in Business Administration
This course doesn't offer college credit toward a degree. Rather, it's an intense, targeted learning experience for professionals who need to build a very specific skill set.
Self-Paced Online Course
This course is self-paced and entirely online. The lecture videos and other materials are available any time, and the instructor responds to student questions through a discussion board. In order to participate, you will need an Internet connection and an up-to-date web browser.
Supported by Student Advocate – Tom McCormack
In addition to instructor support via the discussion board, students have access to Tom McCormack, HeatSpring's Student Advocate. He is available to answer general questions via email, discussion board, chat, or phone. (Spanish email support available upon request.)
The Solar Executive MBA is rigorous, in-depth, and completely worthwhile for anyone looking to further their knowledge of the financial mechanisms of the solar industry. It is not for the faint of heart (many late nights told me that). Bringing together the immense expertise and differing teaching styles of Keith Cronin and Chris Lord resulted in a very well-rounded curriculum. The combination of videos, assignments, weekly conference calls and lively discussion board felt more like in-person training than an online course! Well done Keith, Chris, and HeatSpring.”
- Rachel Bannon-Godfrey, Ambient Energy
Both instructors were excellent and clearly drew upon a wealth of experience in the solar industry. I really appreciated their level of engagement in the calls and discussions board, and especially review of homework assignments.”
- Rob McAtee, Hankins and Anderson
Commercial solar is all about financing and structuring the deal. While I had previously spent quite a bit of time doing financial analysis of solar PV systems, the Solar Executive MBA course provided me with the big picture of how all the pieces fit together. Not to mention the value of interacting with the instructors on questions specific to my situation. I highly recommend this course.”
- Dennis Kready, Kready Solarbazaar
What an amazing course. For all people wishing to know about the ecosystem around solar, this course is for you. I am sure I would have saved myself a very large amount of money had I taken this course prior to running my own EPC.”
- Greg Stace, Avensol (Switzerland)
This is the ONLY resource I have been able to find that provides step-by-step solar financial modeling instructions. If you are trying to learn more about the processes and financial analysis behind solar projects, this is the class for you!”
- Lindsay Hornbecker, AquaSan
Christopher J. Lord is a lawyer with deep banking experience, and the Managing Director of CapIron, Inc., a firm he founded in late 2011, to provide advisory and consulting services to customers, owners, developers, utilities, suppliers, installers and distributors covering the full range of value-add in renewable energy and energy efficiency. CapIron has provided...[more]