A Solar Power Purchase Agreement or a Solar PPA is a very popular model for businesses to switch to solar. In India, it accounted for over 70-80% of all industrial rooftop solar projects since 2016. Companies have found PPAs to be a much better model to shift to solar as it helps them reap the …
Rooftop solar has become a logical choice for industries as it is the cheapest source of electricity in most parts of the country today. Industries that spend a considerable amount of money on electricity every month can now reduce between 20% to 90% of their monthly electricity expenditure by shifting to solar power. With the …
ANALYSIS OF A 1 MW INDUSTRIAL ROOFTOP SOLAR PLANT Read More »
Humanity is at a very interesting crossroads today. Ever since the industrial revolution, the net output of our modern civilization has been at the cost of the environment. Never before in the history of planet Earth had the total CO2 levels been above 300 ppm. We crossed that barrier in the late 1940s and the …
The sun is the most abundant form of energy that is easily accessible to us. It is also the ultimate source of energy, as every other known source of energy is either directly or indirectly derived from the sun. The total energy from the sun that hits the Earth’s surface every hour is roughly equivalent …
India’s growing power needs, and the globe’s growing concern for climate change has provided an impetus for India to pursue Renewable Energy and in particular Solar Power at a breathtaking pace. The CAPEX model is one of the standard business models for Solar Deployment. Under this model, the user purchases and owns the rooftop solar …
Over the past years, solar PV systems have become viable and attractive. Under different promotional mechanisms, large utility-scale power plants are being set up worldwide. Distributed power generation is also being promoted through the rooftop solar system. The electricity generated from rooftop solar systems can also be integrated into the grid after conditioning the output …
The growth of solar in India, especially rooftop solar for industries, has been greatly driven by the introduction of several financing solutions that help consumers enjoy the benefits of solar while limiting their potential downsides. One of the most innovative financing models on the market today, is the BOOT (Build, Own Operate, Transfer) model popularly …
