Solarfeedintariff.co.uk has announced that they are again working with partners IndustryRE to offer a unique, high yield, photovoltaic investment product with revenue streams guaranteed by the Spanish feed-in tariff system.
The solar photovoltaic (PV) sector is a growth industry and has been the focus of government support with the dual purpose of meeting climate change targets and of course slowing the effects of climate change.
More recently, the benefits of renewable energy, and in particular solar PV have been expounded also as a means of helping to revitalise the economy through job creation and investments in new , a concept explicitly expressed by both Barack Obama and Gordon Brown.
This opportunity is for the purchase one of twelve solar installations based in the Spanish region of La Rioja, which although now is more famous for it’s wines, has the potential in terms of climate and legislation to be future world leader in solar PV installation.
The solar installations, currently owned by various Spanish SL companies are connected to the Spanish national grid and are therefore able to take advantage of the feed-in tariff law RD661/2007 which guarantees a fixed rate of 0.44 euros/kWh for energy fed back in to the grid.
The installations currently in place are also provided with licenses/permits, insurance, utility contracts along with maintenance and company administration. With the above market rates paid for solar energy – guaranteed for 25 years (CPI included) and the additional benefit of Spain’s high levels of solar irradiance, the La Rioja solar installations will offer a unique, secure return for investors protected by government laws.
Each PV installation will be legally owned by the respective Spanish SL company taking care of the modules, inverters, trackers etc. with contracts in place regarding the sale of electricity to the utility companies at the rates set out in the feed-in tariff. With a maximum installed capacity of 100 KW, investors will be able to enjoy returns on investments at around 8-10% over a period of 40 years.
Investment – Solar Photovoltaic
Budget – From 1 Million Euros
Finance Available – 60%
ROI – 8-10%
Investment Duration – 40 Years
Exit Strategies – Available