AE 897A - Solar Project Development
| Description |
This course examines the theories and practices of photovoltaic system business development and financing and how these impact solar project design and implementation. The course builds upon a fundamental understanding of systems engineering, engineering economics and building energy systems to prepare students to conduct investment grade solar energy system proposals and financing plans. |
| Prerequisite(s) |
| This course is intended for graduate students in Architectural (all options), Electrical, Mechanical and Energy Engineering. A background in engineering economics, thermodynamics, and solar energy are required and a working knowledge of the design and construction industry is recommended. Exceptions to be approved by the course instructor. |
| Course Objectives |
The goal of this course is to provide students with the full systems perspective of a solar energy project including an in-depth understanding of financial policies and tools required for development and implementation. This goal is pursued by providing students with an understanding of design tools, solar policies, financing tools, and factors affecting the short term and lifecycle costs of solar energy systems. Students will also be provided the opportunity to develop an investment grade solar energy proforma as an independent project. The specific objectives of the course are to prepare students to: 1) Understand the structure of the solar industry and the role of project financing in the solar market; 2) Incorporate relevant policies and incentive programs into project design and financing plans; 3) Develop the ability to use and interpret data from advanced financial and economic analysis tools and 4) Be capable of completing an investment-grade energy financing model needed for solar photovoltaic or thermal projects. |
Topics |
| Lesson 1: Solar energy project development process |
| Class/Lab Schedule |