Financing Solar Photovoltaics (PV) at Government Sites with Power Purchase Agreements (PPAs) and Public Debt


National Renewable Energy Laboratory
1 December 2011

This fact sheet describes a bond-power purchase agreement (PPA) hybrid financing model for solar photovoltaics (PV). The fact sheet also assesses the model's relative advantages and challenges as compared to self-ownership and the third-party PPA model, provides a quick guide to project implementation, and analyzes the replicability of the model in other jurisdictions across the United States.