

WEDNESDAY, MAY 31, 2017
21
www.intersolar.deTime 2:00pm–3:30pm
Room
14 A
GREEN BONDS AND CROWDFUNDING – THE FINANCIAL FUTURE?
Summary
In 2016 the issuance of global
green bonds reached an all-time
high amounting to USD 93 bln,
representing an increase of 120%
YoY. Attributable to the Paris
Climate Change Agreement,
momentum is anticipated to
remain unchanged and if last
years growth can be maintained,
2017 could possibly witness a
record issuance of exceeding USD
200 bln. Are green bonds
booming so does crowdfunding!
Crowdfunding platforms are
gaining popularity allowing the
financing of for both smaller and
larger projects across all
continents. This session will shed
light on how such financial
instruments contribute to the
deployment of solar.
2:00pm
Welcome and Introduction
Eduardo Tobias Ruiz, Director, CELA – Clean Energy Latin America, Brazil
2:05pm
Green Bonds Global
Scott Phillips, Vice President – Senior Analyst, Moody’s Deutschland GmbH, Germany
2:20pm
Green/Climate Bonds: Accessing Debt Capital Markets
Manuel Adamini, Director, Investor Outreach & Partners Programme,
Climate Bonds Initiative, Netherlands
2:35pm
Green Bonds and the Brazilian Solar PV Sector
Eduardo Tobias Ruiz, Director, CELA – Clean Energy Latin America, Brazil
2:50pm
Crowdfinancing Solar in Emerging Markets: Investing in Sustainable Development
Markus Schwaninger, Chief Financial Officer, ecoligo GmbH, Germany
3:05pm
Crowdfunding as an Alternative to Financing Energy Projects
Marilyn Heib, Managing Director, bettervest GmbH, Germany
3:20pm
Q&A Round
Scott
Phillips
Eduardo Tobias
Ruiz
Marilyn
Heib
Markus
Schwaninger
Manuel
Adamini
Time 4:00pm–5:30pm
Room
14 A
GLOBAL FINANCING TRENDS: SOLAR MERCHANT PV POWER PLANTS/
THE ROLE OF RATING AGENCIES/INSURANCES?
Summary
This session shines the spotlight on
global financing trends. Merchant
solar plants are selling directly into
wholesale markets without PPAs or
without any contracted revenue
stream. In their simplest form,
merchant plants sell their electricity
on the spot market at whatever
the price happens to be at that
moment. Have solar prices fallen to
the point where they could be sold
into market profitably, bypassing
utility contracts altogether?
Merchant solar PV power plants
have appeared in countries such as
Chile, US, China,
etc.Atthe same
time, rating agencies can
determine the capability of a
company raising capital simply via
an up or downgrading. Is their role
in the context of financing set to
increase in future?What about
insurances? How have insurance
packages evolved over time? How
relevant are they today in the
context of global financing?
Answers to these questions and
more will be shared during this
session.
4:00pm
Welcome and Introduction
Frank Haugwitz, Head of Intersolar Conference Development,
Solar Promotion International GmbH, China
4:05pm
Merchant PV Plants – Trends and Challenges
Josefin Berg, Senior Research Analyst, IHS Solar, Spain
4:25pm
Rating Solar Projects
Christiane Kuti, Director Global Infrastructure & Project Finance, Fitch Ratings Ltd., UK
4:45pm
Evolving Parametric Insurance for Solar Power Plants
Franco Ciamberlano, Head Engineering Medi, CEE & Middle East,
Swiss Reinsurance Company Ltd., Switzerland
5:05pm
Q&A Round
Josefin
Berg
Frank
Haugwitz
Franco
Ciamberlano
Christiane
Kuti