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Solar rooftop comes of age-II: Where is the money coming from?
Feb 12:   The government has plans to install 40 GW of rooftop solar power by 2022 at a cost of $ 34 billion
8That is the kind of money which is not easy to get
8Commercial lenders have limitations in long term financing they can provide.
8Banks are cautious in lending to rooftop solar projects because there are high perceived risks and limited information on the track records of rooftop solar investments. Even when banks lend to rooftop solar projects, the high-risk perception and high per unit transaction cost has led to high costs of borrowing, thereby negatively impacting IRR of the project.
8Find out more on how this limitation is being sought to be bridged and how some institutions are coming up with the money and tenor required to finance such projects.
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