Solar PV Project Financing: Regulatory and Legislative Challenges for Third-Party PPA System Owners

This paper summarizes five common regulatory challenges for third party PPA financing, when they occur, and how they have been addressed in five states. This paper also presents alternative to the third-party ownership PPA finance model, including solar leases, contractual intermediaries, standardized contract language, federal investment tax credits, clean renewable energy bonds, and waived monopoly powers.