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Stochastic Mathematics for Solar Project Finance

Build deep intuition for quantitative risk frameworks through 15 lessons with interactive Monte Carlo simulations.

Overall Progress0/15 lessons

Start your journey into stochastic modeling

Phase A: Random Variables & Distributions

4 lessons

0/4 complete

One Random Variable

Expected Value vs. Realized Outcome

Variance and Standard Deviation

Percentiles (P10/P50/P90)

Phase B: Combining Random Variables

4 lessons

0/4 complete

Sum of Two Independent Variables

Sum of Two Correlated Variables

The √N Effect (Independent Case)

The √N Effect Breaks Down (Correlated Case)

Phase C: Building a Project

5 lessons

0/5 complete

A Simple Cashflow

Adding a Binary Event (Default)

Multiple Periods

IRR as a Random Variable

DSCR as a Random Variable

Phase D: Portfolio & Structure

2 lessons

0/2 complete

Portfolio of N Projects

Reserve Sizing (Credit Enhancement)

Course Philosophy

•One concept per lesson, one simulation per lesson, one key insight per lesson
•No progression until mastery—complete the quiz to unlock the next lesson
•Math → Model → Documents (documentation is output, not input)