Rooftop solar installations are a great way of investment in the form of saving on electricity bills. However, financing rooftop solar is still a challenge for many. If we want to see exponential growth in rooftop solar installation, financing must be made more accessible and less complex.
What are The Financing Models for Rooftop Solar Projects? - Quora
Multiple lines of credit are provided by banks and IREDA at attractive rates, but accessing financing from them is time-consuming and difficult. Non-banking financial companies (NBFCs) are another source of getting finance but their high-interest rate makes the project less attractive. Other financial organizations are not well equipped to evaluate solar systems and hence seeks additional guarantees apart from the solar system itself. Thus, we can say the option of finance available for rooftop solar is very limited. In this article you will read about "Financing Models for Rooftop Solar Projects". Click here to read in detail
