solar project life cycle | get . fund . build . run

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Consolidation in the market is expected. As a result, you may be acquiring projects that already include IX (Interconnection) agreements or PPAs (Power Purchase Agreements).

Many of these insurance provisions were drafted under market conditions that differ significantly from today—and from where the market is likely heading.

Key question: Are you acquiring projects without fully reviewing and updating the insurance provisions?

Speed and volume are critical in any deal environment. To operate effectively, you need an approach that is repeatable, scalable, and appropriate.

Insurance provisions are often viewed as time-consuming to review and negotiate—but they don’t have to be. Establish a clear framework:

• Define what is acceptable 
• Identify what is practical 
• Align on what is appropriate 

While each project involves different counterparties and risk profiles, the underlying structure of insurance provisions is largely consistent. The real challenge is managing documentation—version control, volume, and coordination across stakeholders.

Key question: Do you have a system in place to keep everyone aligned and organized?

Execution depends on hitting milestones. This makes your relationship with the EPC (Engineering, Procurement, and Construction) firm critical.

Construction is inherently complex, with many interdependent moving parts. Respect that complexity—and plan for it.

Key question: Do you have the right partners in place—experienced, reliable, and capable of supporting you through that complexity?

Everyone is focused on financial returns—but over what time horizon?

Is the goal 1 year, 5 years, 10 years, or 20 years? The longer the horizon, the more critical asset resilience becomes.

Resilience starts with location, but it doesn’t end there. It is also shaped by:

• Engineering design 
• Equipment selection 
• Quality control 
• Ongoing monitoring and maintenance 

A long-term view demands disciplined attention to these fundamentals.

 Key question:
Are you optimizing for short-term returns, or building resilient assets that can sustain performance over the long term?