New “trends” in RES market

New concern moves are being triggered by changes successful the RES market, with little gross pushing investors to selling alternatively of enduring the accrued risks, according to marketplace executives who spoke with “N.”

The aforesaid executives explained the model of purchases and income of operating photovoltaic parks with a capableness of 500kW to 1 MW passim this period, amid estimates that the applicable concern involvement will stay successful the coming months.

Why they are selling

The “sale” arsenic reported by the aforesaid sources chiefly concerns small parks of 500kW with 1 MW successful a “feed successful premium” authorities and which person 20-year contracts with the Administrator of Renewable Energy Sources and Guarantees of Origin.

According to what the declaration provides, these parks are not paid for the curtailed vigor oregon astatine slightest are not paid for the magnitude they person mislaid so acold since there is still nary compensation mechanics while they are burdened with the consequences of zero and antagonistic prices successful the vigor market.

The supra entails important losses of income forcing investors to alteration their concern plans.

Given that the hazard is expected to worsen for astatine slightest different year until the archetypal batteries successful the system are enactment into operation, which will bounds the request for cuts, a fig of investors measure the merchantability of the parkland arsenic the champion imaginable λύση to hedge the risk, frankincense avoiding remaining successful a semipermanent state of uncertainty.

Why they are buying

These are photovoltaic parks successful cognition with an progressive contract, which means that they person “locked in” a fixed compensation terms (Feed successful Premium) for the vigor produced, subject of people to the parameters (negative, zero prices and cuts) that was mentioned above.

The quality betwixt the idiosyncratic shaper and a institution with a much broad portfolio lies successful the information that successful the 2nd case, hazard absorption becomes easier and so much possibilities originate for the concern to support a affirmative sign.

This information applies to the full absorption of the park, which has present ceased to beryllium an casual task with the shaper being called upon to measurement aggregate parameters successful bid to support a consistently profitable investment. This concerns everything from the regular cognition of the parkland to the proviso for the security of the parkland and its maintenance, with the main “headache” being the slope and the requirements for fulfilling the loan, particularly astatine a clip when the income from the merchantability of the energy produced has mislaid its erstwhile “certainty”.

According to marketplace sources, these investments are accompanied by an interior complaint of instrumentality of 7%-10% astatine best, a standard that is considered satisfactory, with a betterment skyline of the concern implicit a decade.

In this light, arsenic they explained to “N”, these are not terribly profitable investments, but they are profitable.