Rent A Roof Solar Contract In India

Solar power project developers in india are now looking to expand the rent a roof concept for developing solar power systems and sell electricity to large industrial and commercial consumers.

Rent a roof solar contract in india.

As a project partner solon india provides grid tied and off grid decentralized solar applications. Such a policy comes against the backdrop of india s nascent net metering market. Ministry of finance has reduced depreciation rate. Learn more about our turnkey solutions.

An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. The union government is working on a rent a roof policy to support its ambitious plan to generate 40 gigawatts gw of power from solar rooftop projects by 2022 said anand kumar. Rooftop solar market in india is speculated to add new capacity of 700 mw in 2016 15 of total solar capacity addition this year. According to bridge to india the cumulative capacity crossed 1 gw by september and is growing at a sizzling 300 over last year.

India plans rent a roof policy to boost solar power generation by saur news bureau updated on thu nov 16th 2017 under this policy developer will take rooftops on rent and will offer lease to each household and then feed the power to the grid says mnre secretary. Freedom energy rents the roof and farms the sunshine. Freedom energy will on sell the energy to energy retailers through existing ppa s off take agreement. A standard format for legal documents and agreements for rooftop solar plants will go a long way is increasing rooftop installations even on residential apartments he said.

Ideally roofs under consideration for hosting solar energy arrays should be less than 10 years old and fully able to support the array for the lease period. A leased roof should be structurally sound. Under the policy solar developers will rent rooftop space fit it with solar and will offer the lease to each household feeding the power to the grid kumar explained. But legally the roof belongs to all flat owners and the power generated should be used for common purposes a senior executive from a solar power company said.