Successful Solar house system implementation requires collaboration among various parties. Profit, quality of life and social benefit are the driving forces for stakeholders. Key stakeholders in worldwide residential PV expansion are described in the following. Stakeholders Function Private owner or community User of residential PV system, initiator and organiser of Read more…
As no Central financial subsidy is now available for commercial and industrial sectors, MNRE initiated the proposal for multilateralconcessional loans from the World Bank (WB), Asian Development Bank (ADB) and New Development Bank (NDB) to support RTS project developers. All the three multilateral banks have approved proposal for$1370million concessional loans Read more…
Under this arrangement, the RESCO developer leases the rooftop and pays a fixed lease/rental to the building owner over the time of the lease period for installing the solar panels of the rooftop. The RESCO developer exports the solar energy to the utility at a predetermined feed-in-tariff (FiT) approved by Read more…
In India principally there are two major business models:1. Capex: Capital expenditures are provided by the rooftop owner;2. Resco: Capital expenditures are covered by third party. CAPEX Model CAPEX mode is the most common business model for solar deployment in India. In this model the consumer purchases the solar system, Read more…
MNRE provides Central finance assistance (CFA) of 30 per cent of the benchmark cost for grid-connected rooftop projects. (The benchmark cost for 2019-20 for systems up to 10 kWp is INR 54,000 per kW; for >10–100 kWp it is INR 48,000 per kW; and for >100–500 kWp is 45,000 per Read more…
Under the CAPEX model (pursued by developers like Sukam, Moserbaer and Tata Power Solar), a consumer purchases a solar rooftop plant like any other electronic gadget by investing in the entire system. The drawback of the model is that rooftop owners have to pay for the entire project at the Read more…
1. Introduction It is vitally important that developers and financiers of solar energy projects follow best practices in developing, constructing, operating and financing projects. Prior to investing, investors should consider the risks involved in investing in the Solar Business and whether it is appropriate for investment objectives, needs and financial circumstances. Read more…
1. Introduction Government of India is encouraging adoption of solar energy by every Indian. To promote convenient adoption and use of solar energy, public sector banks & private banks have been given statutory instruction by Ministry of Finance to offer loan at reasonable cost as per Government of India & Read more…
Technical and Financial Input Data Key Financial Indicators Sensitivity Analysis Profit Loss Statements With Cash flow accruals (For 10 Years) Read More
Benchmarks Project Capital Cost as per CERC In order to determine the level of the feed-in tariff, the Central Electricity Regulatory Commission (CERC) has produced a benchmark capital cost of INR 50.12 million/MWp for solar PV power projects commissioned during fiscal years 2016-17. This capital cost is considered to be Read more…