Loan for photovoltaic installation

ProCredit Bank offers financing for photovoltaic plants (PV plants) for:

• own use of electricity,
• own use and sale of surplus,
• selling the electricity.

Project Finance

Depending on the scale of your project and business, a PV for sale of electricity may be considered as "Project Finance".

For such projects, the conditions of market uncertainty regarding the long-term prices of electricity purchased from the PV have a significant impact on the specification of the loan parameters. For project financing, please contact us for an individual discussion of the financing.

In the process of project review, part of the required documents will be:

1. Business plan,
2. Statement for connection to the electricity grid (the electricity distribution company for the area, or the electricity system operator),
3. Statement on the necessity of EIA (Ministry of Environment and Water or Regional Inspectorate of Environment and Water),
4. Technical design of the installation, including all types of equipment to be used*; timetable for implementation of the main activities; forecast on the estimated yield production,
5. Contract for construction of the installation - EPC contract (Engineering, procurement and construction),
6. Land ownership contract.

*ProCredit bank is monitoring the situation with the allegations of forced labour of Uyghurs in the Xinjiang region of China. For this reason, additional information about the manufacturer of the photovoltaic panels might be requested during the analysis.