There are several national banks and NBFCs which offer special loans to afford rooftop solar. You can find the details of the lenders and their offers on the National Rooftop Solar Portal/PM Surya Ghar portal. There are around 18 banks/NBFcs which offer residential rooftop solar loans.
There are several national banks and NBFCs which offer special loans to afford rooftop solar. You can find the details of the lenders and their offers on the National Rooftop Solar Portal/PM Surya Ghar portal. There are around 18 banks/NBFcs which offer residential rooftop solar loans.
According to the Solar Energy Industries Association (SEIA), solar panels last between 20 and 30 years. Some well-made panels may even last up to 40 years
According to the Solar Energy Industries Association (SEIA), solar panels last between 20 and 30 years. Some well-made panels may even last up to 40 years
That's a very good question, and we will try and answer it as comprehensively as possible here. Corporate PPAs in India have typically been at a 50 percent or higher premium over bids at government backed tenders, and for good reasons. Right at the top is the matter of scale. The low rates of Rs 2.5Read more
That’s a very good question, and we will try and answer it as comprehensively as possible here. Corporate PPAs in India have typically been at a 50 percent or higher premium over bids at government backed tenders, and for good reasons. Right at the top is the matter of scale. The low rates of Rs 2.50 and around that you see for solar tenders are for capacities that typically are in the 100 MW plus range, at the least.
Secondly, government tenders come with significant flexibility on location, something most corporate PPAs don’t. In a majority of cases, particularly large solar rooftops, the installations have to be in the same state or even corporate plant site. That impacts generation.
Then we have the issue of long term government PPAs versus corporate ratings, which affects cost of funds for the developer. Funds are typically raised for shorter tenures, at higher costs in case of corporate PPAs.
Finally, project timelines in government tenders are 24 months or higher, allowing developers to make the most of buying opportunities for key inputs like modules. In corporate deals, project timelines can be as little as 6 months, forcing developers to move faster with limited flexibility.
All of these add up to a significantly higher cost, and this is before taking into account multiple charges at state level open access regulations, versus supplying to discoms directly.
Yes, you can run a 1.5 Ton AC on solar power without batteries by using a grid-tied solar power system. As your solar system is connected with the grid, you can easilty run all your heavy appliances irrespective of the capacity of your solar panels.
Yes, you can run a 1.5 Ton AC on solar power without batteries by using a grid-tied solar power system. As your solar system is connected with the grid, you can easilty run all your heavy appliances irrespective of the capacity of your solar panels.
Monocrystalline (Mono-PERC) panels are the best for home use. They can reach efficiencies of over 22%. Bifacial modules in this category has increased efficiencies as they also generate solar power from its back side with reflection of sunlight on the roof surface.
Monocrystalline (Mono-PERC) panels are the best for home use. They can reach efficiencies of over 22%. Bifacial modules in this category has increased efficiencies as they also generate solar power from its back side with reflection of sunlight on the roof surface.
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Waaree Solar come at a higheRead more
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Waaree Solar come at a higher price. Besides that there are several reputed solar panel makers like Premier, Goldi. RenewSys, Saatvik, Rayzon and others.
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Tata Solar, Waaree Solar comRead more
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Tata Solar, Waaree Solar come at a higher price. Besides that there are several reputed solar panel makers like Premier, Goldi. RenewSys, Saatvik, Rayzon and others.
What are the financing options available for rooftop solar
There are several national banks and NBFCs which offer special loans to afford rooftop solar. You can find the details of the lenders and their offers on the National Rooftop Solar Portal/PM Surya Ghar portal. There are around 18 banks/NBFcs which offer residential rooftop solar loans.
There are several national banks and NBFCs which offer special loans to afford rooftop solar. You can find the details of the lenders and their offers on the National Rooftop Solar Portal/PM Surya Ghar portal. There are around 18 banks/NBFcs which offer residential rooftop solar loans.
See lessCan you sit on solar panels?
While solar panels are durable, it advised that one does not sit on solar panels due to risk of damaging the photovoltaic cells.
While solar panels are durable, it advised that one does not sit on solar panels due to risk of damaging the photovoltaic cells.
See lessHow long do solar panels last?
According to the Solar Energy Industries Association (SEIA), solar panels last between 20 and 30 years. Some well-made panels may even last up to 40 years
According to the Solar Energy Industries Association (SEIA), solar panels last between 20 and 30 years. Some well-made panels may even last up to 40 years
See lessWhy is the price of solar power higher in corporate PPAs when we compare with utility scale government tenders from SECI etc?
That's a very good question, and we will try and answer it as comprehensively as possible here. Corporate PPAs in India have typically been at a 50 percent or higher premium over bids at government backed tenders, and for good reasons. Right at the top is the matter of scale. The low rates of Rs 2.5Read more
That’s a very good question, and we will try and answer it as comprehensively as possible here. Corporate PPAs in India have typically been at a 50 percent or higher premium over bids at government backed tenders, and for good reasons. Right at the top is the matter of scale. The low rates of Rs 2.50 and around that you see for solar tenders are for capacities that typically are in the 100 MW plus range, at the least.
Secondly, government tenders come with significant flexibility on location, something most corporate PPAs don’t. In a majority of cases, particularly large solar rooftops, the installations have to be in the same state or even corporate plant site. That impacts generation.
Then we have the issue of long term government PPAs versus corporate ratings, which affects cost of funds for the developer. Funds are typically raised for shorter tenures, at higher costs in case of corporate PPAs.
Finally, project timelines in government tenders are 24 months or higher, allowing developers to make the most of buying opportunities for key inputs like modules. In corporate deals, project timelines can be as little as 6 months, forcing developers to move faster with limited flexibility.
All of these add up to a significantly higher cost, and this is before taking into account multiple charges at state level open access regulations, versus supplying to discoms directly.
See lessDo solar panels work in rainy weather?
Solar panels continue to work in rainy weather, albeit at reduced energy generation rates.
Solar panels continue to work in rainy weather, albeit at reduced energy generation rates.
See lessHow can I run AC with solar panel without battery?
Yes, you can run a 1.5 Ton AC on solar power without batteries by using a grid-tied solar power system. As your solar system is connected with the grid, you can easilty run all your heavy appliances irrespective of the capacity of your solar panels.
Yes, you can run a 1.5 Ton AC on solar power without batteries by using a grid-tied solar power system. As your solar system is connected with the grid, you can easilty run all your heavy appliances irrespective of the capacity of your solar panels.
See lessWhich type of solar is best for home?
Monocrystalline (Mono-PERC) panels are the best for home use. They can reach efficiencies of over 22%. Bifacial modules in this category has increased efficiencies as they also generate solar power from its back side with reflection of sunlight on the roof surface.
Monocrystalline (Mono-PERC) panels are the best for home use. They can reach efficiencies of over 22%. Bifacial modules in this category has increased efficiencies as they also generate solar power from its back side with reflection of sunlight on the roof surface.
See lessWhat is the best solar brand?
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Waaree Solar come at a higheRead more
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Waaree Solar come at a higher price. Besides that there are several reputed solar panel makers like Premier, Goldi. RenewSys, Saatvik, Rayzon and others.
See lessWhich solar panel is best?
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Tata Solar, Waaree Solar comRead more
There are different solar panels manufactured by several Indian solar companies. You can choose the best panels as per your conveince. However, most of the vendors offer you limited brands out of which you can choose one. Some solar panels like those made by Adani Solar, Tata Solar, Waaree Solar come at a higher price. Besides that there are several reputed solar panel makers like Premier, Goldi. RenewSys, Saatvik, Rayzon and others.
See lessHow much does Tata solar 3kW cost?
Without subsidies, the Tata solar 3kW system costs 2.13 lakhs
Without subsidies, the Tata solar 3kW system costs 2.13 lakhs
See less