E3S Web of Conferences (Jan 2020)
A Case Study on Rent Pricing of Financial Leasing of Photovoltaic Enterprises Taking Henan Yicheng New Energy Co., Ltd. as an example
Abstract
Photovoltaic power generation industry, as a strategic emerging industry with heavy assets in China at present, the contradiction between the gradual reduction of policy subsidies and the rapid expansion of installed capacity of the industry is becoming more and more acute. Under the background of tightening bank intervention policy and insufficient matching of funds, China’s photovoltaic industry is generally faced with financing difficulties, and its development is slow and urgent. At present, financial leasing has become the second largest financing option for distributed photovoltaic manufacturers except bank loans. The purpose of this paper is to study how to revitalize the existing capital and optimize the capital structure by means of financing sale and leaseback, and try to discuss the rental pricing scheme by measuring the financial leasing cost of photovoltaic power plans.