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Power your Growth with Solar Panel Financing!

Empower your transition to sustainable energy with Solar Panel Financing. Our tailored financing solution offers: 

  • Flexible funding options
  • Quick and professional execution
  • Seamless financing

Solar Panel Financing Solution

India has almost 20% of the world’s population. The growing population will have a huge energy demand. This demand cannot be fulfilled by fossil fuels, and it is costlier, too. Considering the demand and cost of energy, renewable energy, such as solar power, is the most preferred and long-lasting option for India and its growing pollution. 

The global renewable energy industry continues growing, essential to combat climate change. Since 2014, governments have prioritized the expansion of renewable energy sources and the reduction of fossil fuel dependence. Individuals and businesses alike are realizing the benefits of solar energy, such as significant long-term cost savings and environmental benefits. Solar panel financing solutions have been instrumental in democratizing access to this sustainable technology.

Key Features of Solar Panel Financing

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The Funding Amount Starts at Rs 1 Crores

interest rate

Attractive Solar Loan Interest Rates

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Simple process and less paperwork

Execution

End-to-end Execution

flexible repayment

Flexible payment options

Solar Power Market Potential

Currently, as of Dec 2023, India has a total of 136 GW of solar power plants. By March 2025 it should increase to 170 GW and this is intended to increase upto 500 GW by 2030. The expected size in monetary terms is to grow up to USD 250 billion, this will also have some portion of the FDI and major is domestic.

Advantages of Solar Power/Energy

  1. Solar remains the natural, constant and free source of energy.
  2. It is the most cost-effective medium to justify the growing energy demand across India.
  3. Despite the initial installation cost, it is a one-time investment that continues to provide benefits over an extended period, typically around 20-25-30 years.
  4. The infrastructure maintenance is also low across the tenure, It is safe and does not have much wear and tear.
  5. As solar power does not create any type of waste, like fossil fuel, it helps nature.

Financing Solar Projects

As the industry is growing substantially there is a huge requirement of the funds. It is required for both retail and corporate sides. When it is a retail segment, the individual houses, and the housing societies want to shift the consumption to solar power. As the one-time cost is high they need the funding to install the solar panels. 

When it comes to corporates, there are many areas associated with solar power, where there is a huge requirement of the capex. Some industries may be manufacturing solar panels, some are in trading, some are in installation and some are in direct consumption of the solar power. In all these areas Terkar Capital arranges funding for Solar Panels. As the nature of the funding is capital intensive, the debt instruments have to be suitable.

Documents Required to Apply for Solar Panel Financing

Id document

Identity Documents

  1. Aadhar card
  2. PAN card
  3. Driving license 
  4. Voter ID
  5. Passport, etc.
address document

Address Proofs

  1. Ration Card
  2. Electricity Bill
  3. Lease Agreement
  4. Trade License
  5. Passport
  6. Tax Invoices, etc.
financial document

Financial Documents

  1.  Bank Statements
  2. CIBIL
  3. Business Bank statements
  4. Asset Counts, etc.

Solar Panel Financing Solution at Terkar Capital

There are multiple options available for solar power. However, each debt instrument is designed separately and differently. While raising the debt fund, the most important part is to raise the funding through the right debt instrument. Here we at Terkar Capital, are committed to work dedicated to the solar industry.

We analyze the company’s strengths and weaknesses and based on the analysis we decide the debt funding instrument and source. Finally, the borrower of the funds should be the ultimate beneficiary of the whole exercise.

How We Execute Solar Panel Financing?

Here’s the execution process to avail of solar panel financing smoothly.

business loan execution process

Check your CIBIL score for free.

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FAQs On Solar Panel Financing

There is no capping on raising the funds. It can start with as low as one crore and it can go up to thousands of crores. It depends on financial ratios and the requirements of the project.

Generally the repayment tenure depends on the project and its cash flow. It can start with as low as 3 years and it can go up to  20 years even.

Under all the debt instruments, the most important factor in deciding the interstate rate is the financial ratio of the company. The better the financial ratios and project viability the better the cost of the funding. And vice versa.

The debt funding can be raised in 10 – 45 working days. This may vary with the nature and complications involved in the project.

Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Industries We Serve:

IT Company

E Commerce Company

EV Company

Manufacturing Company

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

Growing Nationwide…

Terkar Capital

In Association with:

© Terkar Capital 2024

CIN – U70200PN2023PTC224016

All formal communication from Terkar Capital will be conducted exclusively through our designated official emails. Do not respond to fraudulent calls or emails claiming to be from Terkar Capital. Contact us using the official coordinates!!

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