The renewable energy sector is evolving, and today, renewable energy has become a viable alternative for many facilities. Because this sector is in its infancy stage, lack of experience has resulted in failing solar projects. This project involves the design and implementation of a functioning web application that streamlines and automates the planning, risk assessment and financing of a solar development project. The three key stakeholders, the host facility, solar installer and financier are seamlessly integrated into a single marketplace. By designing a project development workflow, projects are vetted early on and terminated if deemed infeasible, saving time and resources. By risk assessing the project using the proposed scoring model, one can inherit more confident investors. The project scoring model also serves as a debt rating system, where investors can measure the risk/rewards. The platform will also serve as a communication medium between the three stakeholders. Besides storing documents like engineering drawings, permits, etc., the platform auto-generates all necessary transactional documents, legal documents and agreements among the three stakeholders.
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|Commitee:||Englert, Burkhard, Johnson, Thomas|
|School:||California State University, Long Beach|
|Department:||Computer Engineering and Computer Science|
|School Location:||United States -- California|
|Source:||MAI 57/01M(E), Masters Abstracts International|
|Subjects:||Alternative Energy, Economics, Energy, Computer science|
|Keywords:||Application, Finance, Renewable energy, Risk assessment, Underwriting|
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