Starting a renewable energy business presents a unique opportunity to contribute to environmental sustainability, economic growth, and technological innovation. The renewable energy sector is rapidly expanding, driven by increasing global demand, government incentives, and advancements in technology. By reducing greenhouse gas emissions and promoting energy independence, renewable energy businesses play a crucial role in combating climate change and enhancing public health. Additionally, these businesses can create jobs, foster community development, and provide significant financial benefits through cost savings and new revenue streams. This template bundle includes comprehensive financial models designed to help you navigate and succeed in this dynamic and impactful industry.
Templates Included:
- Solar Farm - I went deep into research on exactly how one comes up with all the initial infrastructure costs for building out a new solar panel farm on a certain amount of acres. Additionally, I've put time into making sure the relevant variable / fixed direct costs make sense for this type of business and implemented 4 revenue stream options (PPA, direct-to-grid, RECs, and other ancillary). This is a 20-year model.
- Hydrogen Plant - There are three main types of hydrogen refining: Grey, Blue, and Green. Green is the cleanest, but often the most expensive. This model lets the user adjust all relevant assumptions to understand the initial costs, revenues, variable and fixed expenses, and cash flow related to producing and distributing different types of hydrogen from feed stock.
- Hydropower (dam) - In this model, the user can configure all relevant construction costs and their timeline as well as financing assumptions. Since these projects can take up to 10 years just on construction, the model runs for a max period of 20 years. The granularity in how much power can be generated is specific to the physics of water flow rate and gravity. The power is a function of those factors in combination with the size / height of the dam. Assumptions are adjustable over each year.
- Wind Farm - Deploy up to 5 wind turbine tranches, each with its own set of assumptions for costs, turbine count, expected energy production, pricing, and variable costs. On this one, I did include the option to generate revenue via power purchase agreements that are configurable per tranche or wholesaling (selling the energy directly to customers / the grid at a defined price per MWh).
- Biogas - This model is set up to plan for up to 5 feedstock processing plants, each with their own capacity of tons of feedstock processed per month, the resulting cubic meters of biomethane yield per processed ton, and the pricing per cubic meter produced.
- EV Charging Stations - Deploy up to 3 charging station types over 120 months. You can scale as fast or slow as you want and see the resulting costs, profits, and total returns. Each month has an input for new charging stations deployed by type. For each monthly cohort, the user can define the total cost per unit deployed, expected car counts / electricity usage, price per kWh used, and variable costs per existing EV station per month. The user can also define the kw of each charging station type, the useful life average, max hours per day that it is operational, and the number of months it takes to go online after initial deployment costs are paid.
- Solar Panel Installer - If you would like to see the economics of installing solar panels to commercial / residential clients at no cost and then having them pay for the kWh usage, this model will help you do the financial planning. Includes option for debt usage per install.