Difference between revisions of "FATE Financial Assessment Tool for Electrification"

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{{Backlink Dimension Financial Feasibility}}
 
{{Backlink Dimension Financial Feasibility}}
  
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With MEI’ FATE Tool, project developers, policy makers, and financiers will be able to model and evaluate the economic viability of mini-grid investments. The model only displays the most important features, allowing for an easy input of all key data, as well as providing sufficient feedback to fully understand and analyse the economic performance of the target mini-grid project. It allows consideration of up to three different cash-flows, which may reflect three villages with different economic conditions and performances. To increase the scope of scalability, an unlimited number of villages can be considered for each of the three different cash-flows, representing clusters of villages that have the same economic conditions and performances. All cash-flows of the considered sites are consolidated in the Financial Model to display the company’s overall economic performance. By adding the company’s overhead costs and financing conditions, the income statement and balance sheet of the mini-grid investment can be produced and financial indicators like the Project Internal Return Rate (IRR), the Equity IRR, the Net Present Value (NPV) and the Debt Service Coverage Ratio (DSCR) are calculated.
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MEI's Financial Assessment Tool for Electrification (FATE) is designed to establish the financial viability of mini grid and solar home system (SHS) projects in rural areas of Nigeria. This tool is addressed to companies, project developers, financiers, and policy makers. The tool is elaborated in a dynamic format, linking all inputs and outputs together, making it easy for the end-user to evaluate electrification projects according to different criteria including: revenues, expenses, and company's financial situation.
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#download link 1 to tool (Excel file) #
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#download link 2 to user manual# (still under development)
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This tool is especially adapted for electrification plans of rural villages in Nigeria, where mini grids and solar home systems are affordable solutions for the population. Within this context, the tool estimates the financial feasibility of electrification projects for rural villages using mini grids and SHS. According to the population distribution, some habitants will be connected to a mini grid, while others will receive SHS.
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#Video with guidance# (still under development)
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[[File:PplSuN-financial-assessment-tool.png|center|800x800px|link=https://energypedia.info/wiki/File:PplSuN-financial-assessment-tool.png]]<center>''Figure 1 Schematic description of MEI's financial feasibility assessment tool''</center>
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The results are provided in the form of graphs displaying the project performance over time (expenses, revenues, net cash flow…), along with KPI calculations, including internal rate of return (IRR) and the net present value (NPV). The projects are assessed for 25 years, with an analysis conducted on a yearly basis.
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#[[:File:FATE Financial Assessment Tool for Electrification.xlsm|'''Download the tool (Excel file)''']]
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#[[:File:FATE User Manual.pdf|'''Download the user manual''']]
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#'''Video with guidance# (still under development)'''
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If you would like to customize the tool for your business, please contact MEI at [mailto:contact@microenergy-international.com contact@microenergy-international.com]
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[[File:PplSuN-financial-assessment-tool.png|alt=Schematic description of MEI's financial feasibility assessment tool|800x800px]]
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''Figure 1: Schematic description of MEI's financial feasibility assessment tool''
  
 
Click [[Financing_Source/60|'''here''']] to visit the FATE financing source database entry.
 
Click [[Financing_Source/60|'''here''']] to visit the FATE financing source database entry.

Latest revision as of 12:45, 18 September 2023



MEI's Financial Assessment Tool for Electrification (FATE) is designed to establish the financial viability of mini grid and solar home system (SHS) projects in rural areas of Nigeria. This tool is addressed to companies, project developers, financiers, and policy makers. The tool is elaborated in a dynamic format, linking all inputs and outputs together, making it easy for the end-user to evaluate electrification projects according to different criteria including: revenues, expenses, and company's financial situation.

This tool is especially adapted for electrification plans of rural villages in Nigeria, where mini grids and solar home systems are affordable solutions for the population. Within this context, the tool estimates the financial feasibility of electrification projects for rural villages using mini grids and SHS. According to the population distribution, some habitants will be connected to a mini grid, while others will receive SHS.

The results are provided in the form of graphs displaying the project performance over time (expenses, revenues, net cash flow…), along with KPI calculations, including internal rate of return (IRR) and the net present value (NPV). The projects are assessed for 25 years, with an analysis conducted on a yearly basis.

  1. Download the tool (Excel file)
  2. Download the user manual
  3. Video with guidance# (still under development)

If you would like to customize the tool for your business, please contact MEI at contact@microenergy-international.com

Schematic description of MEI's financial feasibility assessment tool

Figure 1: Schematic description of MEI's financial feasibility assessment tool

Click here to visit the FATE financing source database entry.

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