One of the most significant problems in most renewable energy projects is finance and being able to capitalise on a good site or obtaining planning permission.
There is a belief amongst farmers that if the project stacks up then finance will be available – nothing could be further from the truth. It is our experience, and that of our clients, that the economic merits of the project do not matter. What matters is the ability of your existing business to repay the loan without consideration of the income from your PV or wind turbine installation – a five year payback means nothing to the finance companies.
The GreenYard is of the opinion that good deals can still be found and the farmer or site owner can get their share. Raising all the finance a near impossible task but a few good options have emerged and our clients now progressing with installations. If you have obtained planning permission for wind energy or photo voltaic installation, then we can help you examine all the options and maximise your returns.