As we know installing a solar power plant is a little expensive. Most of us want to install a solar power plant but just because of the expensive arrangement of solar setup, people hold themselves back not to install a solar power plant. Now you don’t have to worry about investment if you want to install a solar power plant at zero cost then it is possible now. A zero-investment solar power plant is available for you. This is an OPEX/RESCO Model for Solar. How? We will see this in this blog article.
Zero-investment solar power plant project can be available for you if your load consumption is high
Solar power is an abandoned source of energy. Installing solar power plant at the home, businesses, and factories are a great idea to get benefited. In one way, you will save the world by adopting the go-green mission. Second, you will get benefits in several ways…
Why you should read this article: You’ll discover whether setting up a solar power system at your location without any upfront investment is feasible. Additionally, you’ll gain insight into how a zero-investment solar power setup operates and uncover the reality behind installing a free solar power system.
If you have heard that you can install a solar power plant without investment, then it is true. Nowadays, many solar companies are ready to set up solar power plants in your area. Only, you must have your own place with the proper documents.
Before you consider this zero-investment solar power plant idea, it is important to note that such opportunities are currently available primarily for large-scale projects. If your energy consumption exceeds 500 kilowatts, you may qualify for a zero-investment solar power plant with significant savings potential and relatively low risk.
Even if your energy consumption falls within the range of 100 kW to 400 kW, you might still be eligible for zero-investment solar power projects. Some solar companies do offer the possibility of installing solar power systems at no upfront cost in such cases.”
Do you want to install a solar power plant at zero investment fill in the details below we will contact you soon.
Call: +91 6202627265 | 9304532758 | 7979874602
Solar companies who are working in the OPEX or RESCO model can help you to install zero-investment solar power plant projects.
What is OPEX Model? OPEX model is called Operational expenditure or operating expenses. This model is designed to reduce your operational cost. Your operational cost can be reduced through this OPEX Model of the solar power plant.
More than 400 small and big OPEX Solar companies are working these days to create market flexibility.
The EPC Company or investor takes care of system design, installation, operation, and maintenance. The consumer can get assured guaranteed savings every month by the investor, the percentage of savings is paid back to the investor for a fixed period. Monthly bills (repayment) are less than monthly savings, which can lead to positive cash flows for the consumer. Let me tell you, it totally depends on the investor plan.
These kinds of OPEX solar companies generally targeting institutional, commercial, and industrial projects as potential businesses and consider a win-win situation. If you have a factory or business and the load consumption is more than 100KW then you might be eligible for this kind of zero investment solar power plant project.
How do PPA and PLH Models work in solar Projects?
In the Power Purchase Agreement (PPA) model, users or end consumers don’t need to make an initial investment. They pay only based on the solar energy generated on a monthly basis. However, in this arrangement, consumers don’t have ownership of the system, and as a result, they can’t claim Accelerated Depreciation (AD) benefits and GST refunds.
On the other hand, in the PLH (Power Linked Hypothetical Model) model, the end consumer makes an upfront payment, which includes only the GST amount on the project cost. They hypothetically own the system, even though they still pay for the solar energy monthly, albeit at a lower rate compared to the PPA model. The key advantage here is that since the system is technically owned by the consumer, they have the potential to claim GST input credits along with AD benefits. This makes the PLH model a more financially beneficial option for consumers who can make an initial investment.
Renewable Energy Services Company (RESCO) – Zero Investment Solar Power Plant
If you have your own premises and want to install a solar power plant, but do not want to invest a huge amount in solar power plants, then you can go for the RESCO model. We will invest for you. You do not have to pay for anything. If you will qualify by investors, solar power plants will be installed at zero cost. Note- This model is only suitable for commercial property.
Benefits of RESCO/OPEX Solar Model for Consumer
- No Upfront investment.
- Zero maintenance by the consumer. Maintenance and repair costs will also be provided by the RESCO.
- Users will be charged the fixed rate for the next 10-25 years instead of paying a high rate to the current electricity supplier.
- support green energy.
Go for your own solar power plant without investment at zero cost- An effective Power solution
Installing your own solar power plant can be a little expensive if you are tight with your financial budget or don’t want to invest a huge amount but want to go for green energy. RESCO Solar Model is an effective solution for commercial buildings. If you have a factory, institution, or commercial buildings, then such an arrangement can save you from the cost and maintenance perspective. You do not have to pay anything, only you will pay for the energy produced. This is a win-win situation for both the consumer and the investor. Because it will be a fixed rate for the next 10 to 25 years under PPA. You will be safe for any additional cost.
Free solar panels what’s the catch:
Don’t believe in this kind of bogus information that you see on the internet or WhatsApp group. There is no such thing as free in this world.
Free solar panels from the government scheme:
You may have heard that the government is providing solar panels for free under the government scheme, but usually, this is not the case. Yes, the government sometimes runs campaigns to help solar lanterns in rural areas where electricity is not available. The government provides solar lanterns with a small solar panel.
The solar power plant is an arrangement of a solar panel with the controller and other necessary components. If you want to install a solar power plant in your home, then the government can give you up to 50% subsidy and you will have to pay the remaining amount to your pocket. the subsidy totally depends on the state.
Now, let’s come to the main topic of this article. As I was talking about the zero-investment solar power plant project let’s see how this kind of model helps you to save some extra bucks and also save the world somewhere.
How this whole zero-investment solar power plant project will work for you and why you should install it?
As we have discussed the OPEX model, zero investment solar power plant will work through a BOOT (Build Own Operate Transfer) model. The customer can install a solar power plant at their premises by just signing a PPA Agreement (Power Purchase Agreement) with the investor.
The PPA(power purchase agreement) will sign between consumers and investors. Under the PPA consumers should agree to purchase electricity produced by the RESCO at the decided rate for a specific duration according to PPA terms and conditions.
Example: If you want to install a zero-investment solar power plant project then you have to sign a contract with the investor. They will install a solar power plant at their own risk, everything will be taking care of them. You don’t need to worry about maintenance as well. What you will do… you will only pay the electricity bill which will be produced by the solar power plant
Free solar for commercial buildings: How to setup solar power plant without investment – zero down payment
Installing solar power plants for commercial buildings offers a reliable and accessible energy solution. Yet, the upfront investment can be a daunting obstacle for businesses seeking to adopt solar energy. Our company provides a unique zero-investment plan for solar power, allowing you to establish a solar plant without initial costs. This is especially beneficial for businesses with over 100KW electricity consumption.
Our payment structure aligns with your current provider but offers lower rates, enhancing both sustainability and cost-effectiveness. Moreover, through a Power Purchase Agreement (PPA), you can lock in a fixed electricity rate for 25 years, ensuring stable energy costs for your commercial building. Embrace solar power for long-term financial and environmental benefits without the burden of upfront expenses.
Transitioning to solar power not only contributes to environmental sustainability but also provides long-term financial benefits for your commercial property. With our zero investment plan and the security of a PPA, you can harness the advantages of solar energy without the burden of upfront expenses, ensuring a reliable and affordable source of electricity for your business for years to come.
What are the benefits of setting up the BOOT Model solar power plant at your premises?
Settings up a solar power plant at other’s risk is always a better option for the consumer as a profit.
See how…
No Investment: You don’t need to pay a single penny from your pocket. This is zero investment from your end. The total cost will be entirely bearable by the investor.
Risk-Free: You will be risk-free. As you re not investing it means you don’t have to worry about maintenance. If something goes wrong will not be responsible to manage the solar power plant at your risk.
100% Profit: The PPA of solar power price will be 20-40 percent less than your current DISCOM. The best part of this kind of project is that your price will be stable at least 10-20 years depending on the PPA.
Free of cost: As Risk-Free: You will be risk-free. As you are not investing it means you don’t have to worry about the maintenance part. If something goes wrong will not be responsible to manage the solar power plant at your own risk.
Full guide of OPEX model solar power plant.
Why should you go for this BOOT Model solar power plant project?
“The Boot Model, essentially a zero-costing model, has become increasingly attractive for solar power plant projects in today’s context. This is the primary driving factor behind the decision to pursue zero-investment solar power plant initiatives. However, it’s worth noting that even after the installation of the solar power plant, ongoing maintenance is essential. If you opt for a self-installation approach, it’s clear that you’ll be responsible for bearing these maintenance costs.”
How to get an investor for a Solar Power Plant without any difficulty
Several OPEX model solar companies in India exist in the market to install solar energy at zero investment. Many investors are available to set up solar power plants, but they need this assurance that the users who will purchase power under PPA should have some strong credibility in the market. If you want to install a solar power plant without investing, you can contact us. We will align the investor for you. There are numbers of OPEX Model Solar companies are available.
Documents required for the OPEX / RESCO model Solar Power plant.
- Electricity bill copy of last one year
- Company details like company name, GST number, or company profile
- A company balance sheet of last 3 year
- 3 Years ITR
- Load consumption of the industry
- Load took from DISCOM
- Space availability on rooftop/shade-Layout of the premises if possible
- Images of the Shed/ roof/ land if possible
- The credit rating of the business.
FAQ for Opex Model Solar power plant
Will solar power plants be installed without financial investment?
Ans: Yes, you can install a solar power plant without any investment, the only condition is that your solar power should be more than 500kw capacity.
Is a business credit rating required for setting up a solar power plant under the OPEX model?
Ans: Yes, it is required but if your company has a good balance sheet then our financial team can consider it. For this, you can also talk to our officer.
What is the process of setting up a solar power plant under a zero investment model?
Ans: The process is very simple, you have to mail us some of the documents mentioned above, our team verifies your documents along with our risk analysis team checks the strength of your company. If everything goes well then we do a site visit so that we can also check the technical feasibility. After all the process, PPA would be signed with you after explaining the terms and conditions to you. Understand well by watching the above video about PPA.
I have barren land, I am thinking of setting up a solar power plant in it, can solar power plant be installed in my land?
Ans: you can install solar power on your land, but to establish a solar power plant without investment, you need to locate a suitable buyer willing to purchase the generated electricity.
Can you sell that electricity to the government by setting up a solar power plant on our land, which will benefit me too?
Ans: Yes, it’s possible. Currently, government schemes do not support solar power plant installations. Consider a private buyer for investment-free setup.
I have a factory but I don’t have a business credit rating, can a solar power plant be installed in my factory
Ans: Yes, you can achieve this by sharing certain documents. We will verify your documents, and if they meet the qualifications, we can easily install solar power plants in your factory as well.
For Investors Only:
How to become an independent power producer in the solar sector
Given the fact that the solar industry is growing rapidly, the cost of installing solar power plants has climbed significantly over the past two years despite the fact that the cost of installing solar power plants has increased overall. Large corporations are moving forward on their own. Big players in the solar industry are easily investing in gigawatt-scale solar power plants. By 2030, India wants to diversify solar power production. The Indian government is making it flexible by allowing IPP solar firms (independent power producers) to sell their energy to the grid under long-term PPAs.
Large companies in India are currently concentrating on the IPP solar model, including Adani Solar, Waaree Energy, Tata Power, and others. If you want to become an independent power producer in the solar sector, there are still prospects in the market. Despite the fact that it is difficult for small investors to enter the market, there are a few solutions accessible to do so as quickly as possible.
What Loofal Protech Solution will do for you?
The Loofal Protech Solution will assist you in making contact with experienced investors who you can collaborate with to expand seamlessly into the IPP solar model. We have a panel of domestic and international investors based on capacity, giving you the freedom to invest whenever it’s convenient for you.
How does solar IPP generate income?
The majority have been created to take advantage of producing solar energy and supplying it to the grid. This solar IPP model supplies energy to utilities or small enterprises through power purchase agreements (PPAs).
Conclusion:
If you have a factory, a big institute, or a commercial business where the electricity consumption is high then you can go with this Model. The best part is that you don’t have to pay anything. If your load consumption is high and you don’t have a grid and you are running your business through other sources like DG (Diesel generator). This model is perfect for you.
Contact for Installing a solar power plant at zero cost
If you are looking for a Solar power plant for your business and don’t want to invest upfront then this zero-cost solar power plant setup available for you, contact Loofal Protech Solution at +91 9304532758 / 6202627265 / 9654353093.
For private solar power plants by your own cost in the CAPEX model is also available. Please contact us for any solar-related concerns.
Your comments and inquiries are highly valued; please share them in the comment box. We appreciate your feedback. For any capacity under the RESCO model, solar power can be installed but it should be a business,
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Zero investment solar plant in Hind
Your words are very excited for us and I have 30 acres of own land , I am interested for solar plant in my land. Land located in Telangana state Vikarabad district , we want zero investment solar plant,
Respected sir please you can describe about Solar power plant established in agriculture land of 30 acres own land at Telangana state Vikarabad district, we want zero investment solar plant, we have no funds, is it possible install solar plant, please reply with your guidance,
Zero investment scheme is for those whose load consumption is more than 100 to 200 kW. This zero investment scheme is actually suitable for well-established business. Because investors have to see the past record of the business to install a solar power plant. For those who have empty land, they evaluate their place correctly, then the next process starts.
But do not worry, such options are also available to set up solar power plants in empty lands.
For more information, you can send an email to [email protected]
If we can do anything for you, we will contact you soon
Respected sir we have 30 acres own land at Telangana state Vikarabad district we want to start the solar plant in my land. Without investment ( zero investment) . What is the process please reply your valuable words
Respected sir we have 30 acres own land at Telangana state Vikarabad district we want to start the solar plant in my land. Without investment ( zero investment) . What is the process please reply your valuable words
Sir I am interested my 13 acres land i intrest my land solar project in osmanabad district in maharashtra.
ok…
Email your details, we will get back to you soon
I have researched onphotovoltaic system technology. But this zero investment policy I have heard first time about this ..I have installed 4kw solar system .So i want to know more about this.
Great blog!!! Thanks for sharing
really thankful to you for sharing this very useful data with us.