Rent A Roof Solar Contract In India

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. An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. According to bridge to india the cumulative capacity crossed 1 gw by september and is growing at a sizzling 300 over last year.

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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.

Rent a roof solar contract in india.

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. Learn more about our turnkey solutions. Solon india has claimed subsidies from mnre for more than 2000kwp of solar rooftop systems in india. 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.

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. Rooftop solar market in india is speculated to add new capacity of 700 mw in 2016 15 of total solar capacity addition this year. 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.

The ownership cost of design installation and maintenance of the solar system is covered by freedom energy for the term of the agreement. Such a policy comes against the backdrop of india s nascent net metering market. 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. As a project partner solon india provides grid tied and off grid decentralized solar applications.

Freedom energy will on sell the energy to energy retailers through existing ppa s off take agreement. Ministry of finance has reduced depreciation rate. Under proposed rent a roof policy solar developers will rent rooftop space to install a pv array and offer to lease to each household and then feed the solar power to the grid said mnre. Freedom energy rents the roof and farms the sunshine.

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