The Solar Project Investment Process
Developers and installers frequently ask us: How do I submit a project to SolRiver? And after that, what happens next?
We answer both of those questions below.
First, we explain the three different ways you can send us a project.
Then, we show you how to request indicative pricing from us.
Plus, we outline the project review process and signing a term sheet.
How To Submit Your Solar Project
You can always email us about your project. Just include some basic information like system size, location, and offtaker. If you have an executive summary, feel free to attach that too.
You can also use our online project intake form. Answer a handful of questions about the project, click submit, and it sends the information straight to our team.
Alternatively, we can provide you a short Excel worksheet with our project inputs. Simply, fill it out and email the file right back to us. We’ll be sure to review it quickly.
Get an Indicative Price
SolRiver readily provides indicative pricing. We are happy to evaluate your project and share our initial estimate of what we could pay for it. You can get a preliminary quote directly on our website or ask us to run pricing offline.
Do It Yourself
You have direct access to our financial model via our First Pass Pricing and Project Optimizer calculators. Each shows you SolRiver’s pricing for a standard investment in your project. You’ll see in real-time how much we could pay based on the assumptions you provide. The Optimizer even provides recommendations on how to set up the project to yield the best return possible.
Ask Us to Give You a Quote
We are happy to run our pricing for your project offline. We use the information you provide in the Project Intake Form or Excel Worksheet to fill out our investment models. After we reach our best price, we’ll send you an email or schedule a phone call to discuss how much we can pay for your project.
You should ask us to give you a quote if :
You have a portfolio of projects, especially if they are small (<250kW)
You have a large utility-scale project (>10MW)
You have unusual project terms, such as a tiered PPA rate or a variable PPA escalator
Have a non-standard project in some other way
Next Steps – SolRiver’s Quick Review
If you like our indicative price and want to move forward, then we’ll start our Quick Review.
It’s a simple 3-step process.
1 - Lets Talk
You can ask us any questions. Then, we’ll ask you a couple of questions about your project.
2. Get the Short List
Next, we’ll ask to look at a short list of project related documents. We’ll do a quick review of those to confirm that the project is a good fit.
3. Collaboration on Terms
Finally, we’ll collaborate with each other on the purchase terms that best fit your needs.
Issuing a Term Sheet
After collaborating together, we prepare a Term Sheet outlining our purchase of your solar project. After signing off on the Term Sheet, SolRiver begins the due diligence process and starts to prepare the definitive set of transaction documents. During this stage, we will be readily available to answer questions and keep you up to date on our progress.