Renewables Valuation Institute

@UCKqgS2yMi0TLNrR_9HgHMZQ - 2.4K subscribers

⚡ RVI is your home base for renewable energy & BESS project finance modeling. We teach how to build institutional-grade, bankable Excel models for solar, wind, and battery projects — the same frameworks used in real transactions, lender diligence, IC discussions, and interviews. On this channel, you’ll learn project finance modeling in Excel, BESS revenue stacking and dispatch logic, debt sizing and credit metrics such as CFADS, DSCR, and LLCR, and how to think about equity returns and structuring trade-offs across contracted and merchant assets. 🎓 Our flagship Renewables Valuation Analyst (RVA) Certification Program and hands-on Deal Labs — including Deal Lab: BESS Project Finance Modeling (Project Pulse) — take you from energy system fundamentals to decision-ready financial models. 📥 Subscribe for full model walkthroughs, free resources, and practical career insights for professionals in energy and infrastructure finance.

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Stress-Test Tolling + Merchant BESS Cash Flows (Haircuts, OpEx Inflation, Sweep) | Deal Lab Part 33

Stress-Test Tolling + Merchant BESS Cash Flows (Haircuts, OpEx Inflation, Sweep) | Deal Lab Part 33 Renewables Valuation Institute

131 views - 2 months ago

BESS Merchant + Revenue Put Option Scenarios – Price Floors & Cash Sweep | Deal Lab Part 32

BESS Merchant + Revenue Put Option Scenarios – Price Floors & Cash Sweep | Deal Lab Part 32 Renewables Valuation Institute

73 views - 2 months ago

Pure Merchant Scenarios – 1-Hour vs 2-Hour BESS, Haircuts & Breakeven Analysis | Deal Lab Part 31

Pure Merchant Scenarios – 1-Hour vs 2-Hour BESS, Haircuts & Breakeven Analysis | Deal Lab Part 31 Renewables Valuation Institute

66 views - 2 months ago

Ancillary Services + Merchant Arbitrage: Haircuts & Availability Stress | Deal Lab Part 30

Ancillary Services + Merchant Arbitrage: Haircuts & Availability Stress | Deal Lab Part 30 Renewables Valuation Institute

56 views - 2 months ago

Resource Adequacy + Merchant Arbitrage: Haircuts & ELCC Stress Test | Deal Lab Part 29

Resource Adequacy + Merchant Arbitrage: Haircuts & ELCC Stress Test | Deal Lab Part 29 Renewables Valuation Institute

84 views - 2 months ago

Tolling Scenarios (1–4): Debt vs Equity Base + Rate Shock + Degradation Stress | Deal Lab Part 28

Tolling Scenarios (1–4): Debt vs Equity Base + Rate Shock + Degradation Stress | Deal Lab Part 28 Renewables Valuation Institute

114 views - 2 months ago

Equity IRR, NPV & Payback in Excel (Project Finance KPIs) | Deal Lab Part 27

Equity IRR, NPV & Payback in Excel (Project Finance KPIs) | Deal Lab Part 27 Renewables Valuation Institute

181 views - 2 months ago

Equity Cash Flows & Dividends (FCFE) in Excel | Deal Lab Part 26

Equity Cash Flows & Dividends (FCFE) in Excel | Deal Lab Part 26 Renewables Valuation Institute

163 views - 2 months ago

Debt Service Reserve LC (DSR LC): Sizing, Draws & Fees in Excel | Deal Lab Part 25

Debt Service Reserve LC (DSR LC): Sizing, Draws & Fees in Excel | Deal Lab Part 25 Renewables Valuation Institute

132 views - 3 months ago

LLCR in Excel: NPV of CFADS + Debt Structuring Check | Deal Lab Part 24

LLCR in Excel: NPV of CFADS + Debt Structuring Check | Deal Lab Part 24 Renewables Valuation Institute

155 views - 3 months ago

Cash Sweep in Project Finance Modeling (Excel): Timing Flags + Sweep Macro | Deal Lab Part 23

Cash Sweep in Project Finance Modeling (Excel): Timing Flags + Sweep Macro | Deal Lab Part 23 Renewables Valuation Institute

260 views - 3 months ago

DSCR in Excel: Lock-Up DSCR + Cash Sweep Impact (Project Finance Modeling) | Deal Lab Part 22

DSCR in Excel: Lock-Up DSCR + Cash Sweep Impact (Project Finance Modeling) | Deal Lab Part 22 Renewables Valuation Institute

207 views - 3 months ago

Term Loan Debt Schedule in Excel (Drawdowns, Amortization & Interest) | Deal Lab Part 21

Term Loan Debt Schedule in Excel (Drawdowns, Amortization & Interest) | Deal Lab Part 21 Renewables Valuation Institute

321 views - 3 months ago

Swap Hedge + PV of Debt Service: Term Loan Sizing in Project Finance (Excel) | Deal Lab Part 20

Swap Hedge + PV of Debt Service: Term Loan Sizing in Project Finance (Excel) | Deal Lab Part 20 Renewables Valuation Institute

238 views - 3 months ago

DSCR Debt Sizing & Sculpting in Excel (BESS Term Loan) | Deal Lab Part 19

DSCR Debt Sizing & Sculpting in Excel (BESS Term Loan) | Deal Lab Part 19 Renewables Valuation Institute

477 views - 3 months ago

BESS Project Finance Modeling: Levered Taxes (Tax Shield + Loss Carryforward) | Deal Lab Part 18

BESS Project Finance Modeling: Levered Taxes (Tax Shield + Loss Carryforward) | Deal Lab Part 18 Renewables Valuation Institute

144 views - 3 months ago

CFADS in a BESS Project Finance Model: From EBITDA to Debt Service | Deal Lab Part 17

CFADS in a BESS Project Finance Model: From EBITDA to Debt Service | Deal Lab Part 17 Renewables Valuation Institute

261 views - 3 months ago

BESS Project Finance Modeling: After-Tax IRR + Unlevered Taxes (Excel) | Deal Lab Part 16

BESS Project Finance Modeling: After-Tax IRR + Unlevered Taxes (Excel) | Deal Lab Part 16 Renewables Valuation Institute

170 views - 4 months ago

MACRS Depreciation for BESS (Initial + Augmentation CapEx) in Excel | Deal Lab Ep. 15

MACRS Depreciation for BESS (Initial + Augmentation CapEx) in Excel | Deal Lab Ep. 15 Renewables Valuation Institute

172 views - 4 months ago

BESS Project Finance Modeling: Unlevered IRR in Excel (Pre-Tax FCF) | Deal Lab Part 14

BESS Project Finance Modeling: Unlevered IRR in Excel (Pre-Tax FCF) | Deal Lab Part 14 Renewables Valuation Institute

233 views - 4 months ago

BESS Augmentation CapEx + Major Maintenance Reserve Account in Excel | Deal Lab Part 13

BESS Augmentation CapEx + Major Maintenance Reserve Account in Excel | Deal Lab Part 13 Renewables Valuation Institute

169 views - 4 months ago

BESS Project Finance Modeling: CapEx (EPC, Dev, Contingency, Acquisition Premium) | Deal Lab Part 12

BESS Project Finance Modeling: CapEx (EPC, Dev, Contingency, Acquisition Premium) | Deal Lab Part 12 Renewables Valuation Institute

256 views - 4 months ago

Modeling BESS Operating Costs: LTSA, O&M, Insurance + More (Excel) | Deal Lab Part 11

Modeling BESS Operating Costs: LTSA, O&M, Insurance + More (Excel) | Deal Lab Part 11 Renewables Valuation Institute

183 views - 4 months ago

BESS Revenue Stack in Excel: Total Revenue + Contracted vs Merchant | Deal Lab Part 10

BESS Revenue Stack in Excel: Total Revenue + Contracted vs Merchant | Deal Lab Part 10 Renewables Valuation Institute

172 views - 4 months ago

Revenue Put Option (RPO) for BESS: Strike Price, Hedged MW & Annual Top-Up | Deal Lab Part 9

Revenue Put Option (RPO) for BESS: Strike Price, Hedged MW & Annual Top-Up | Deal Lab Part 9 Renewables Valuation Institute

129 views - 4 months ago

BESS Ancillary Services Revenue Model (Reg Up/Down, Reserves) in Excel | Deal Lab Part 8

BESS Ancillary Services Revenue Model (Reg Up/Down, Reserves) in Excel | Deal Lab Part 8 Renewables Valuation Institute

220 views - 5 months ago

How to Model Ancillary Services (ASC) Capacity Revenue for BESS in Excel | Deal Lab Part 7

How to Model Ancillary Services (ASC) Capacity Revenue for BESS in Excel | Deal Lab Part 7 Renewables Valuation Institute

191 views - 5 months ago

BESS Merchant Energy Arbitrage Model in Excel: Price Spreads, Cycles & Profit | Deal Lab Part 6

BESS Merchant Energy Arbitrage Model in Excel: Price Spreads, Cycles & Profit | Deal Lab Part 6 Renewables Valuation Institute

518 views - 5 months ago

BESS Resource Adequacy (RA) Revenue Model in Excel: NQC + Cash Flows | Deal Lab Part 5

BESS Resource Adequacy (RA) Revenue Model in Excel: NQC + Cash Flows | Deal Lab Part 5 Renewables Valuation Institute

274 views - 5 months ago

BESS Tolling Agreement Revenue Model in Excel (Contracted Capacity + Availability) | Deal Lab Part 4

BESS Tolling Agreement Revenue Model in Excel (Contracted Capacity + Availability) | Deal Lab Part 4 Renewables Valuation Institute

537 views - 5 months ago

BESS Augmentation in Project Finance: Trigger Test, Headroom Breach & Sizing | Deal Lab Part 3

BESS Augmentation in Project Finance: Trigger Test, Headroom Breach & Sizing | Deal Lab Part 3 Renewables Valuation Institute

560 views - 5 months ago

AC/DC Conversion for BESS: Don’t Overstate Deliverable MWh (RTE + Duration) | Deal Lab Part 2

AC/DC Conversion for BESS: Don’t Overstate Deliverable MWh (RTE + Duration) | Deal Lab Part 2 Renewables Valuation Institute

655 views - 5 months ago

BESS Project Finance Modeling: Real-World Bankable Model Walkthrough | Deal Lab Part 1

BESS Project Finance Modeling: Real-World Bankable Model Walkthrough | Deal Lab Part 1 Renewables Valuation Institute

3.9K views - 5 months ago

Battery Storage & the Duck Curve: How BESS Flattens Net Load and Power Prices

Battery Storage & the Duck Curve: How BESS Flattens Net Load and Power Prices Renewables Valuation Institute

505 views - 7 months ago

The Duck Curve Explained: How Solar & Wind Reshape Net Load and Power Prices

The Duck Curve Explained: How Solar & Wind Reshape Net Load and Power Prices Renewables Valuation Institute

648 views - 8 months ago

Merit Order Explained: How Power Plants Set Electricity Prices

Merit Order Explained: How Power Plants Set Electricity Prices Renewables Valuation Institute

1.2K views - 8 months ago

AC vs DC Explained: How Electricity Actually Moves Through the Grid

AC vs DC Explained: How Electricity Actually Moves Through the Grid Renewables Valuation Institute

559 views - 8 months ago

Why Grid Frequency Matters: Keeping the Power System in Balance

Why Grid Frequency Matters: Keeping the Power System in Balance Renewables Valuation Institute

661 views - 8 months ago

Energy System Fundamentals: How Electricity Moves Through the Grid

Energy System Fundamentals: How Electricity Moves Through the Grid Renewables Valuation Institute

650 views - 8 months ago

Project Finance Model Test | P50 vs P99 – Yield-Based Debt Sizing

Project Finance Model Test | P50 vs P99 – Yield-Based Debt Sizing Renewables Valuation Institute

2.9K views - 11 months ago

Project Finance Model Test | Integrating the 3 Financial Statements

Project Finance Model Test | Integrating the 3 Financial Statements Renewables Valuation Institute

6K views - 11 months ago

Project Finance Modeling Test | Full Interview-Style Walkthrough

Project Finance Modeling Test | Full Interview-Style Walkthrough Renewables Valuation Institute

34K views - 1 year ago

How to Model Letters of Credit (LCs) in Project Finance

How to Model Letters of Credit (LCs) in Project Finance Renewables Valuation Institute

650 views - 1 year ago

Energy vs. Power - What's the Difference?

Energy vs. Power - What's the Difference? Renewables Valuation Institute

1.5K views - 1 year ago

How to Model a Debt Service Reserve Facility (DSRF)

How to Model a Debt Service Reserve Facility (DSRF) Renewables Valuation Institute

1.7K views - 1 year ago

Expert-Level Project Finance Modeling for Renewable Energy - Course Introduction

Expert-Level Project Finance Modeling for Renewable Energy - Course Introduction Renewables Valuation Institute

1.6K views - 1 year ago

Expert-Level Project Finance Modeling: Introduction to Project Neptune Case Study

Expert-Level Project Finance Modeling: Introduction to Project Neptune Case Study Renewables Valuation Institute

517 views - 1 year ago

What is a Power Purchase Agreement (PPA)?

What is a Power Purchase Agreement (PPA)? Renewables Valuation Institute

4.8K views - 2 years ago

Integrating Multiple Scenarios Into a Project Finance Model

Integrating Multiple Scenarios Into a Project Finance Model Renewables Valuation Institute

434 views - 2 years ago

Introduction to Wind Farm Case Study & Information Memorandum

Introduction to Wind Farm Case Study & Information Memorandum Renewables Valuation Institute

391 views - 2 years ago

MW vs. MWh Clarifying the Difference

MW vs. MWh Clarifying the Difference Renewables Valuation Institute

2.4K views - 2 years ago

Excel DNA for Project Finance Modeling - Course Introduction

Excel DNA for Project Finance Modeling - Course Introduction Renewables Valuation Institute

995 views - 2 years ago

Financial Model Timeline for a Project Finance Deal - Renewable Energy Financial Modeling

Financial Model Timeline for a Project Finance Deal - Renewable Energy Financial Modeling Renewables Valuation Institute

2.8K views - 3 years ago

Contractual Relations of a Project Finance Deal - Renewable Energy Financial Modeling

Contractual Relations of a Project Finance Deal - Renewable Energy Financial Modeling Renewables Valuation Institute

1.3K views - 3 years ago

Advanced Renewable Energy Financial Modeling - Course Introduction

Advanced Renewable Energy Financial Modeling - Course Introduction Renewables Valuation Institute

6.8K views - 3 years ago

Debt Sculpting to Match Target DSCR - Project Finance Modeling

Debt Sculpting to Match Target DSCR - Project Finance Modeling Renewables Valuation Institute

4.5K views - 4 years ago

How to Model a Debt Service Coverage Ratio (DSCR) Chart for a Renewable Energy Project

How to Model a Debt Service Coverage Ratio (DSCR) Chart for a Renewable Energy Project Renewables Valuation Institute

1.2K views - 4 years ago

How to Model a Levered Net Present Value (NPV) for a Renewable Energy Project

How to Model a Levered Net Present Value (NPV) for a Renewable Energy Project Renewables Valuation Institute

1.3K views - 4 years ago

How to Model a Levered IRR for a Renewable Energy Project

How to Model a Levered IRR for a Renewable Energy Project Renewables Valuation Institute

3.2K views - 4 years ago

How to Model a PPA Offtake Agreement for a Renewable Energy Project

How to Model a PPA Offtake Agreement for a Renewable Energy Project Renewables Valuation Institute

1.9K views - 4 years ago