Top Things to Know About Commercial Solar Financing

Genus Innovation Limited27 Sep, 2021Technology

Setting up a solar project can cost up to INR 6 Crores / MW, and most of it comes from equity and debt financing. Equity financing is the process of raising money from internal stakeholders in the company or other investors. In contrast, debt financing?which is about 70% of the project cost?comes in the form of a loan taken out against collateral.