Solar leases and solar PPA are financial setups wherein the homeowner does not own solar energy installation on their roof, it is owned by the lease or PPA company. Let us look at the difference between the two to understand which is the best fit model for your personal needs. Read more…
From 2010 to 2019, the efficiency of modules installed in the United States increased significantly: – 14.4% to 19.4% for mono c-Si – 13.7% to 17.4% for multi c-Si – 11.0% to 17.4% for CdTe. • Based on preliminary data for Q1 2020, the average efficiency of mono c-Si and Read more…
Accelerated depreciation is a method of depreciation used to depreciate the assets in a manner that greater deductions are allowed in the first few years. Accelerated depreciation can reduce costs during a company’s start up year. By increasing the deductions taken during the first few years of business, you will Read more…
The Government of India has set an ambitious target of installation for Grid Connected Rooftop Solar Photovoltaic projects for 40 GW out of the total target of 175GW . PNB has availed a line of credit of $ 500 Million from Asian Development Bank for financing Rooftop Photovoltaic Solar Power Read more…
As discussed in the previous article, investors typically need to evaluate the legalities, consent and technical aspects of a project before agreeing to invest. The due diligence conducted at the equity stage is mostly based on previously available technical information. Whereas, as for the case of project finance, due diligence Read more…
Solar financing normally comprises of two parts: an equity investment and project financing to cover the debt portion. Prior to any kind of investment, project evaluations identify the risks and methods of mitigating any risks. Where the project has inherent risks, the exposure to these riskswill be negotiated between the Read more…
Visakhapatnam: In keeping with the initiative of the Central government to promote solar energy, a two megawatt solar photovoltaic plant was commissioned at INS Kalinga here. Flag Officer Commanding-In-Chief, Eastern Naval Command Vice Admiral Atul Kumar Jain commissioned the plant set up as part of the Centre’s objective to achieve 100 GW of solar power by 2022 as part Read more…
Adani Green Energy Ltd said on Tuesday it had won a government contract to build solar plants in India with a total capacity of 8 gigawatts (GW) at a cost of $6 billion over the next five years. The renewable energy developer, part of the Adani Group, said the first 2 GW of Read more…
Firstgreen webinar on Bankability and financing of solar projects Firstgreen regularly hosts webinars to solar industry professionals to share the latest developments in the solar sector. This webinar is aimed on bankability & financing for solar projects. Many projects in India struggle to raise the non recourse debt for their Read more…
In Leasing model, the contracting party may either make available space on his or her property for installation of a PV system without the right or obligation to consume the electricity generated and be remunerated at a certain leasing rate, or may enable installation of a PV system on the Read more…