Financing plays a crucial part in the overall success of Solar Energy project as the viability and feasibility can greatly vary for each type of financial model. Whether it is the most popular Solar Energy OPEX / RESCO / BOOT which is 100% 3rd party financed or leased model or deferred CAPEX. There is no one-size-fits-all approach. Each financial model has to be carefully evaluated on it's merits and demerits and then finalized.
(If you are planning for Solar RESCO / OPEX or any other financial model, you may find it useful to go through our blog post on the Comparative Analysis Solar RESCO/OPEX/BOOT vs CAPEX )
Solar Energy RESCO or OPEX Model working
(Can Solar Energy boost your Company's Profits? Find out more on our blog post Solar Energy - Can it boost your Company's Profits? )
As can be seen above there are a variety of models which could be used to finance a Solar Project. The idea here is to choose the model that best fits inline with your Company's strategic goals and objectives. We have had experiences wherein a Company which was originally planning for Solar OPEX later shifted to another financial model after understanding the pros and cons of each of the Solar financing model. In a few cases some customers were not aware of all the possible financial models.