Solar energy available across the country could be a logical choice, being one of the lowest and most sustainable sources of power for businesses, firms, and residentials. One of the biggest challenges, though, with the scale of mass adoption might be the cost of putting up the solar system at the outset. Deeper understanding of financing for solar may unlock the growth investment as well as the adoption of solar solutions.
Loans and Debt Finance
Most financiers like local Pvt banks and other govt banks give loans on Financing Solar Projects. The loans are lower interest rates and repayment periods, a more feasible option for companies that are interested in investing in clean energy.
Leasing Deals
Leasing through solar allows companies to install solar systems without necessarily purchasing them. The client pays a flat rate of monthly lease and takes the energy savings.
For More Details Visit : https://zenithenergy.com/financing-solar-projects-towards-sustainable-growth-in-renewable-energy/
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