Solar Rooftop system- Boot/ Resco Model
The PPA Advantage
Zero upfront cost
- With PPA,
you don’t need to make any upfront investment, because you are not buying
a system in first place.
- You are only
buying energy produced by the system.
Lower energy cost
- The energy
price offered in PPA is significantly lower that the grid based energy.
- That means
the more energy you use, more you save.
Zero maintenance
- We maintain
the system for the period of PPA term. You are assured of un-interrupted
power supply all the time.
Zero risk
- If the
system doesn’t produce energy (may be on a cloudy day), you don’t have to
pay. Simple isn’t it !
Transfer of ownership
- You have an
option to own the system at the end of PPA term and prolong your energy
savings.
- Solar Energy
- RESCO or BOOT Model (Build Own Operate Transfer) is about pay as you,
save from a photo voltaic solar power project. EURO PREMIUM SOLAR has
expertise in RESCO Model Business and projects would be governed by a
Power Purchase Agreement (PPA) for period ranging from 10 to 20 years. In
RESCO Model consumer need not to pay any amount upfront, but needs to pay
on a per unit price for power.
- The consumer
can sublet his rooftop to a project developer and get monthly rent in the
local micro utility model.
A
growing parity based market in India will bring many new opportunities and
business models and Euro Premium Solar has wide experience in this new
potential business area.
Built own transfer
EURO
PREMIUM SOLAR set up solar PV power projects at nil capital investment. utilize
consumers rooftops for fixed term period and consumers enjoy cheap, green,
reliable, constant & independent power for PPA(power purchase agreement)
tenure.
Role of EURO PREMIUM SOLAR
- We utilize
vacant rooftop spaces and set up a solar PV power plant at our own cost.
- Captive
consumption: All power generated from the solar plant is fed into the LT
panel and is 100% utilized.
- Power
Purchase Agreement (PPA): We sign a PPA with the rooftop owner and sell
the power on monthly cycle for a fixed term period.
- Operation
& Maintenance: We maintain the entire plant and station our team at
site, at our own costs and expense for the entire term.
Role of ROOF-TOP OWNER
- Rooftop
owners enjoy cheaper power than their current power tariffs & cost
including the use of DG sets.
- Getting rid
of power tariff escalations and inflation risks.
- Buy back the
project on the end PPA tenure at depreciated value of rupee 1 and enjoy
free power for the remaining life of the system which is expected to be
30-35 years.
- Nil capital
investment required.
- Comply with
your renewable energy purchase obligations and reduce carbon footprints.
Highlights
|
Technology |
Solar photovoltaic(pv) |
|
System design |
Solar Photovoltaic (PV) Grid-Connected System {Solar + Grid) |
|
Total roof area required |
10000 square feet for 100 kwp |
|
Proposed Solar Panels (PV) |
260 to 325 watt | Poly Crystalline AAA Rated with Module
efficiency higher than 15.8% |
|
Solar Inverter |
Tier I Multiple sting inverters, 3 phase maximum output
efficiency at 98% |
|
Estimated Annual Energy Generation: |
150,000 kWh in the first year for every 100KW system. (Leverage
of + 10%) |
|
Project Completion tenure |
Within Four (4) months |
GENERAL CONDITIONS OF CONTRACT
|
Complete Project cost borne by |
EURO PREMIUM SOLAR OR OTHER FINANCIAL INSTITUATION/INVESTOR |
|
Rooftop Right to Lease |
Rooftop owner shall provide the right to use of the rooftop to
investor for the fixed term period from the date of handing over the
project |
|
Meter Accounting |
Based on the data logs (which accounts every unit of power
supplied) EURO PREMIUM SOLAR shall raise the bill on the 1st date of every
English calendar month. A separate meter may also be installed to verify the
actual power supplied. |
|
Billing |
For all the kW/h of power supplied from the solar plant, Roof
top owner shall pay the said dues to EURO PREMIUM SOLAR on or before 7th date
of every English calendar month failing which there shall be a penalty of 2%
per month levied to the rooftop owner. |
|
Termination of the PPA |
The PPA shall be valid for the fixed lock in period. EURO
PREMIUM SOLAR may terminate the said agreement. However, the condition
wherein PPA may be terminated by the Rooftop owner is after it compensates
EURO PREMIUM SOLAR for the estimated power generation p.a. for the balance
number of years i.e. term; in accordance with the defined power rates in the
PPA. |
|
Bank Guarantee |
EURO PREMIUM SOLAR shall require a revolving bank guarantee of
the amount equaling to the estimated power generation on yearly basis. |
|
Inverter replacement |
On part of EURO PREMIUM SOLAR |
|
Replacement of any defective equipment |
On part of EURO PREMIUM SOLAR |
|
Operation & Maintenance of the Plant |
On part of EURO PREMIUM SOLAR |
|
Net meter cost borne by |
By roof top owner |
