Course Overview

As global energy markets shift rapidly toward decarbonisation, renewable energy investments have become a financial necessity—not just an environmental choice. However, the economics of the sector are complex, requiring stakeholders to navigate cost variability, evolving technologies, regulatory changes, and innovative financing structures.

The Economic Analysis, Financing & Modelling for Renewable Energy programme by Transformentors Academy is designed to address these challenges. It provides a practical, hands-on approach to understanding the financial dynamics of renewable energy projects.

Participants will work with real-world data and scenario-based exercises to build and interpret financial models used in projects such as onshore wind, solar, and geothermal energy. The programme focuses on equipping developers, investors, and analysts with the skills needed to evaluate project viability, structure financing, and optimise investment decisions.

By the end of the programme, participants will be able to create robust, bankable financial models that support scalable and sustainable clean energy investments.

Agenda

Day — 1 Overview of Project Finance Terms & Value Drivers in Renewable Energy

• Understanding key project finance terms used in renewable energy financial models
• Identifying primary value drivers in renewable projects:
  • Technology costs
  • Energy output and efficiency
  • Resource availability (solar, wind, etc.)
• Analysing capital intensity across renewable technologies and their impact on Levelized Cost of Electricity (LCOE)
• Evaluating the role of energy storage in achieving grid parity
• Comparing financial model structures with and without storage integration
• Practical exercise: Calculating grid parity scenarios for solar PV projects with and without battery storage

Day — 2 Technology-Specific Cost Review & Financial Model Development

• Reviewing cost structures, capacity factors, and pricing mechanisms for key technologies:
  • Onshore Wind
  • Offshore Wind
  • Solar Photovoltaic (PV)
• Integrating renewable resource assessments into financial projections
• Modelling resource distribution patterns, especially for solar energy projects
• Analysing the impact of energy yield variability on project viability and financing
• Practical exercise: Building a simplified financial model for an onshore wind project using real data

Day — 3 Project Finance Fundamentals & Cost of Capital in Renewable Energy

• Understanding how project finance is used to measure value and risk in renewable energy projects
• Assessing project risk, return, and cash flow structures through financial modelling
• Determining debt capacity based on project revenues and risk allocation
• Applying key project finance metrics:
  • Debt Service Coverage Ratio (DSCR)
  • Loan Life Coverage Ratio (LLCR)
  • Repayment Schedules
• Exploring valuation approaches for renewable energy projects
• Practical exercise: Calculating debt capacity and assessing project value using a case study

Day — 4 Financial Modelling, Risk & Credit Analysis

• Incorporating advanced modelling elements into renewable energy financial models:
  • Accelerated Tax Depreciation
  • Investment Tax Credit (ITC)
  • Production Tax Credit (PTC)
  • Renewable Energy Pricing Schemes
• Assessing key risk factors across different renewable technologies
• Conducting credit analysis for renewable energy project finance
• Structuring contracts and allocating financial risks effectively
• Analysing how model inputs influence long-term cash flow variability

Day — 5 Corporate PPAs, Refinancing & Sector-Specific Considerations

• Reviewing pricing structures in corporate Power Purchase Agreements (PPAs)
• Structuring PPAs and evaluating credit terms in renewable financing
• Developing refinancing strategies for operational renewable projects
• Analysing electricity pricing in the context of variable generation and contracts
• Applying modelling techniques for specialised sectors:
  • Biomass Energy
  • Geothermal Energy
• Evaluating key sector-specific factors:
  • Exploration Risk
  • Development Cost Structures
  • Value of Early-Stage Research
• Conducting financial modelling for exploration and development scenarios

Learning Outcomes

By the end of this Economic Analysis, Financing & Modelling for Renewable Energy programme, participants will be able to:

• Understand key project finance concepts and economic drivers influencing renewable energy projects
• Evaluate capital costs and calculate Levelized Cost of Electricity (LCOE) across different technologies
• Build and interpret financial models for:
  • Onshore Wind
  • Offshore Wind
  • Solar PV
• Assess project risk, debt capacity, and cash flow using key metrics such as DSCR and loan coverage ratios
• Incorporate advanced modelling elements, including tax credits, depreciation, and pricing mechanisms
• Perform risk and credit analysis, including contract structuring and risk allocation
• Analyse corporate Power Purchase Agreements (PPAs) and refinancing strategies
• Apply financial modelling techniques to complex sectors like biomass and geothermal energy

Who Should Attend

This Economic Analysis, Financing & Modelling for Renewable Energy programme is ideal for professionals involved in financing, developing, or analysing renewable energy projects, including:

• Financial Analysts and Project Finance Professionals
• Renewable Energy Project Developers and Sponsors
• Investment and Commercial Bankers
• Corporate Finance and Strategy Professionals
• Energy Consultants and Technical Advisors
• Government Officials and Energy Regulators
• Legal and Contract Structuring Professionals
• Infrastructure and ESG-focused Investors