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Financial Modeling of Solar Plant in Premium Excel Sheets

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  • 196 Students
  • Updated 9/2025
3.9
(30 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
3 Hour(s) 36 Minute(s)
Language
English
Taught by
RESG Academy
Rating
3.9
(30 Ratings)
3 views

Course Overview

Financial Modeling of Solar Plant in Premium Excel Sheets

Get A to Z Knowledge of Financial Modeling of Solar Power Plant in Excel Sheets for 10kW and 50kW of Solar Capacity

This course is a practical, industry-focused training designed to master the financial modeling of solar power projects using premium Excel templates. From small-scale rooftop systems to medium-scale commercial plants, learners will gain the expertise to evaluate profitability, analyze risks, and make informed investment decisions in solar projects.


The course covers realistic case studies such as:

  • 10kW Solar Plant with 100% equity investment.

  • 50kW Solar Plant with 75% loan and 25% equity.

By the end, participants will be equipped with a Master Excel Sheet that integrates all key financial indicators, making them confident in analyzing solar project feasibility and bankability.


Learning Outcomes

After completing this course, learners will be able to:

  • Build complete financial models for solar projects in Excel.

  • Analyze project profitability using ROI, IRR, NPV, and payback period.

  • Prepare profit & loss (P&L) statements and balance sheets for solar projects.

  • Evaluate cash flows and cumulative savings over a 25-year lifespan.

  • Calculate Debt Service Coverage Ratio (DSCR) for loan-based projects.

  • Compare equity vs debt financing models for solar projects.

  • Present financial insights to investors, banks, and stakeholders.


Course Syllabus (Module-wise)

Module 1: Introduction to Solar Project Finance

  • Basics of solar project economics

  • Equity vs debt financing

Module 2: Initial Parameter Formulation

  • Capital expenditure (CAPEX) & operating expenditure (OPEX)

  • Tariff assumptions & electricity generation forecasts

Module 3: Profit & Loss Statement Preparation

  • Revenue forecasting

  • O&M expenses, depreciation, and financial charges

Module 4: Taxation & Net Income

  • Taxable income calculation

  • Corporate tax assessment

Module 5: Cash Flow Analysis

  • Annual & cumulative cash flow tracking

  • Discounted cash flow

Module 6: Profitability Indicators

  • Internal Rate of Return (IRR)

  • Net Present Value (NPV)

  • Payback period (simple & discounted)

  • Cumulative savings over 25 years

Module 7: Debt Service Coverage Ratio (DSCR)

  • Loan repayment structure

  • Bankability analysis of projects

Module 8: Case Studies & Master Excel Sheet

  • 10kW solar plant (100% equity)

  • 50kW solar plant (loan + equity mix)

  • Master Excel Sheet combining all models


Learning Methods

  • Hands-on Excel training with ready-to-use templates.

  • Case study-based approach for real-world application.

  • Step-by-step financial modeling exercises.

  • Assignments & practice sheets for mastery.

  • Capstone project: Complete financial model for a solar project.


Target Audience

  • Solar Industry Business Persons & Investors: To evaluate project bankability.

  • Solar Accountants & Finance Professionals: To prepare accurate project reports.

  • Technicians & Engineers: To understand project economics beyond design.

  • Entrepreneurs & Startups: Exploring opportunities in solar EPC & investments.

  • Students & Researchers: Interested in renewable energy finance.


Prerequisites

  • Basic knowledge of Excel (formulas, tables, charts).

  • Understanding of solar PV basics (optional, but helpful).

  • No advanced finance knowledge required — concepts are taught from scratch.


Benefits of the Course

  • Gain industry-relevant Excel modeling skills.

  • Ability to evaluate profitability & bankability of solar projects.

  • Hands-on exposure to real financial indicators used by investors & banks.

  • Access to premium Excel templates for personal or professional use.

  • Enhanced career prospects in renewable energy finance.


Career Opportunities

This course prepares learners for roles such as:

  • Solar Project Finance Analyst

  • Renewable Energy Investment Consultant

  • Financial Analyst (Solar EPC/IPP companies)

  • Energy Auditor & Policy Analyst

  • Entrepreneur in Solar Project Development


Key Highlights

  • Real-world financial modeling in Excel

  • Two detailed case studies (10kW & 50kW projects)

  • Master Excel template combining all parameters

  • Focus on profitability, risk, and bankability


Start your journey today and master the art of financial modeling for solar power plants with professional Excel-based tools.

Course Content

  • 3 section(s)
  • 14 lecture(s)
  • Section 1 10kW Solar Plant Financial Model Considering 100% Equity and 0% Loan Investment
  • Section 2 50kW Solar Plant Financial Model Considering 75% Loan and 25% Equity Investment
  • Section 3 Assessment Test

What You’ll Learn

  • Financial Modeling of 10kW of Solar Power Plant considering 100% equity and 0% Loan Investment, Financial Modeling of 50kW of Solar Power Plant Cosidering 75% Loan and 25% Equity Investment., Formulation of Initial Parameters in Excel Sheet, Profit and Loss Account Statement in Excel Sheet, Taxable income and Tax Calculation in Excel Sheet, Cash Flow Analysis, Calculation of Internal Rate of Return, Calculation of Cumulative Saving Over 25 Years Lifespan, Calculation of Net Present Value, Calculation of Exact Payback Points, Calculation of Debt Service Coverage Ratio, Calculation of MAT Credit, Calculation of Accelerated Depreciation, Percentage Saving In Project, Calculation of Project Cost Per Wp, Calculation of Tax Benefits


Reviews

  • P
    Pranjal Sharma
    1.0

    Super Basic useless stuff which industry doesn't care. Waste of 499/-

  • B
    Bhanuji Vegi
    5.0

    Good

  • D
    Devendra Jayant Goyal
    5.0

    It was a good course giving outline of financial calculations

  • L
    Lukasz Wiecek
    2.5

    Very repetitive content between 1st and 2nd section, quite specific for local author's tax rulings

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