Solar Power Plant Financing — Loan, Leasing, Grants

Financing Solar Power Plants for Business

A solar power plant of 100 kW or more is a capital-intensive investment that businesses rarely cover from operating cash flow. LK Energy, as an EPC contractor, prepares the technical and financial justification for your project and guides you through the financing process at a bank or leasing company — from the initial calculation to commissioning of the plant.

LK Energy is not a financial institution. The final financing decision and its terms are made by the bank or lessor.

How We Help

Our role is to handle the technical preparation for financing on your behalf. A bank or leasing company wants to see a well-calculated, professionally backed project with a realistic model — and that is exactly what we prepare:

• Technical project justification — a complete package: feasibility study (FS), project documentation, connection diagrams, CAPEX/OPEX budget
• Financial model with conservative generation, consumption, and savings forecasts — one that a credit committee can rely on
• Preparation of the technical portion of the document package in accordance with the specific financial institution’s requirements
• Bank coordination — communication with the loan officer, technical responses to queries
• Support through commissioning — installation, commissioning and testing, grid connection
• Service and maintenance after launch — to keep the plant operating throughout the financing term

LK Energy does not receive commissions from banks. Our revenue comes from the EPC contract for the solar power plant itself. The commercial financing terms are agreed directly between the client and the financial institution.

How It Works — 4 Steps

1. Request — you submit an application with approximate parameters of the facility
2. Audit and feasibility study — we determine the optimal capacity of the solar power plant, calculate the financial model (CAPEX, OPEX, payback) and prepare a budget proposal
3. Scheme selection — you choose a bank or leasing company; we help you understand which scheme suits your profile
4. Package preparation — we prepare the technical documentation to meet the requirements of the chosen institution and support the transaction through to signing

Overview of Market Financing Options

In the Ukrainian market, businesses finance solar power plants primarily through three channels. Specific terms for each are determined individually by the financial institution:

• Bank loan — classic debt financing secured by collateral in the form of the solar power plant, real estate, or equipment. Suitable for stable businesses with a documented financial track record. Terms, interest rate, and down payment are determined individually by the bank.
• Financial leasing — the lessor purchases the solar power plant and transfers it to the client with an option to purchase upon completion of lease payments. Easier access for SMEs, optimises cashflow. Terms are determined individually by the lessor.
• Energy efficiency programmes — the market features support programmes for green investments that can be combined with a loan. The list, availability, and terms of programmes are subject to change; current status should be verified at the time of application.

This section provides a general overview of market opportunities and does not constitute an offer of a specific financial product. LK Energy does not act as a loan broker and does not guarantee the receipt of financing.

Application Documents (Standard Package)

Legal: company registration extract, articles of association, resolution on appointment of the director, registration documents.

Financial: financial statements for 2-3 years, tax returns, bank statements for 6-12 months, credit history.

Technical (prepared by LK Energy): technical specifications, feasibility study, project documentation, budget (BoQ), connection diagrams, equipment certificates, warranty obligations.

Land-related (if ground-mounted): land plot documents, lease agreement / title deed, cadastral number, permitting documentation.

We take on the technical part of this package — it is the most labour-intensive portion and precisely the one that banks scrutinise most thoroughly.

Common Client Mistakes When Applying

1. Inconsistency between the feasibility study and the financial model — the bank requires consistency of CAPEX, tariff, and consumption figures
2. Overstated consumption / savings forecasts — the bank checks for realism
3. Weak credit history without mitigants — corporate guarantees or liquid collateral are required
4. Unconfirmed equipment supply terms — the bank wants to see signed pro forma invoices or contracts

LK Energy helps clients avoid these mistakes based on experience gained from supporting previous projects.

Questions and Answers

1. What does preparing the application cost? Consultation and preparation of the technical portion of the package by LK Energy are included in the EPC contract. Client costs consist of bank fees for asset appraisal and notarisation of collateral (determined individually by the institution).

2. What is the minimum project size? It depends on the institution. Smaller projects are more easily financed through leasing. The exact threshold is determined by the specific bank or lessor.

3. Is it possible without real estate collateral? In some programmes — yes (secured by the solar power plant itself plus corporate guarantees). It depends on the borrower’s creditworthiness.

4. How long does the process take? Approximately: from submission of a complete document package to a decision — several weeks; including installation and commissioning of the solar power plant — several months.* Exact timelines depend on the institution and the completeness of the documents.

*Approximate timelines, subject to the bank and project complexity.

5. Can a sole proprietor (FOP) obtain financing? Yes, through specialised SME programmes. The available options are more limited compared to those for a limited liability company.

6. What to do if the application is rejected? Try a different programme or institution, or restructure the deal (for example, leasing instead of a loan, or reducing CAPEX). We will help adapt the package.

7. What guarantees are there that the project will pay back? We prepare a financial model with conservative forecasts, but the final payback depends on market conditions. All payback figures are indicative and calculated individually; LK Energy does not guarantee payback.

8. Is it possible to pay in stages, without a loan? Yes. LK Energy’s standard payment plan consists of several tranches: advance payment, after installation of the mounting structures, after inverters, after commissioning and testing, after commissioning.

9. Is the “green tariff” available for new plants? The green tariff is in effect until 2030; new NEURC rates were introduced on 1 January 2026. For new commercial facilities, the primary mechanism is self-generation (Net Billing): savings on own consumption plus sale of surplus to the grid at market price; an auction model is available for some projects. We will calculate the specific scheme for your facility in the feasibility study.

Why LK Energy

• Over 20 years of EPC experience in the power sector (since 2005)
• Proven expertise in document preparation for financial institutions
• Financial model with conservative forecasts (financial institutions value conservatism)
• Technical expertise — the bank sees that the project is backed by a specialist contractor
• EPC guarantee — the client bears no risk of incomplete construction
• Service and maintenance — assurance that the solar power plant will operate throughout the full financing term

Obtain Technical Justification for Your Bank

Fill in the form — we will get back to you on the next business day. Please specify:

• Facility type (industrial / agribusiness / municipality / other)
• Approximate solar power plant capacity (kW), if known
• Facility region
• Request type: calculation / consultation / full support

Or contact us directly — details are available in the Contacts section.

See also: Solar Power Plants for Enterprises · Turnkey Solar Power Plants.

Mandatory disclaimers on this page:

1. LK Energy is not a financial institution, loan broker, or financial adviser. Our services consist of technical project support.
2. Financing terms are determined individually by the bank or lessor. LK Energy does not guarantee the receipt of financing or a specific interest rate.
3. All payback figures are indicative and calculated individually.