Research On Financing Lease Cost Of Photovoltaic Power Plant And Its Influencing Factors

China's solar energy industry,started in the 1980 s,has not stopped its high-speed development trend despite of the "double anti" strike from Europe and America,serious domestic production capacity,"531" new policy and other adverse events.However,photovoltaic power generation project will encounter many problems in the process of actual operation,the investment amount big,the electricity power plant monomer in place is not timely,lagging in government subsidies,parts limited electrical risk,these factors make financial institutions in the risk assessment is not only to assess the position of project,time scale,the interconnection and electricity price,also want to examine the background of the project investment,enterprise strength,asset-liability ratio,etc.,comprehensive analysis,loan time limit and cost are given finally.Through the analysis of the financing structure of all the power stations of Z company and A company,the representatives of state-owned and private enterprises,this paper confirms that the financial leasing mode plays a decisive role in the financing of photovoltaic power stations,especially for private investors.In this paper,by collecting the photovoltaic power station of financing lease in 2015-2019 data,through data analysis,modeling,from the original found in 31 factors: leasing company for photovoltaic power station to determine the comprehensive cost,the nature of the secured party enterprise(or non state-owned enterprises,state-owned enterprises listed company or non-listed company),asset-liability ratio,the nature of the leasing company secured party enterprise financial lease and business lease,loan a year of its influence is most obvious.Among them,the comprehensive financing cost of state-owned enterprises and listed companies is generally lower than that of private enterprises and non-listed companies,indicating that state-owned enterprises and listed companies are generally more recognized by financial institutions in China and have stronger cost bargaining power.There is a significant positive correlation between the assetliability ratio of the guarantor and the comprehensive financing cost,indicating that the higher the corporate debt is,the more financial institutions worry about financing risks.Financial leasing companies generally have lower comprehensive costs than commercial leasing companies,which shows that financial leasing companies have more advantages in financing channels and sources of funds.From the obvious positive correlation between the year of lending and the comprehensive financing cost,it can be seen that the financing cost in China has been increasing year by year in the past few years.From another Angle,this paper analysed the factors affecting the comprehensive cost of financing a photovoltaic power station in,that investors in the subsequent to the leasing company and photovoltaic project cooperation has some reference Suggestions,so as to improve the mutual understanding of the two industries,the photovoltaic power station in the process of sustainable development and mutually beneficial basis with better financing lease,promote the steady development of China's new energy industry.