Glossary

Solar finance, term by term.

Plain definitions of the words that turn up in South African solar finance: the structures (PPA, rent-to-own, asset finance, rental), the tax rules (Section 12B and 12BA), the documents (indicative and financial proposals, lender packs) and the ratios funders look at (IRR, DSCR). Each term has its own page with a one-sentence definition first, then the local context.