Solar Photovoltaic (PV) systems have had a growth spurt in thepast decade, and are drawing interest from the commercial realestate community. With improved element performance and areduction in installation and operating costs, more retail,industrial and commercial properties are adding solar power systemswhen building or renovating facilities. If you're consideringbuying, selling, developing or financing a property with a solarsystem or a solar development itself – a targeted solar duediligence assessment is required to accurately determine how thesolar system will impact a property's value.

Many things impact the value of a solar system – the weather,system efficiency, market forces etc. Just last month, theIvanpah Solar Electric Generating System (the world's biggest solarpower plant of its kind located near the California-Nevada border)reported significantly lower energy production than the ownersexpected during its first year of operation. Thorough solardue diligence is critical to fully understand the performance andreturn on investment that can be expected from a solar system – andthus make educated business decisions regarding the value of solarto your real estate asset.

Solar Market Insight

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