Financing options for solar power projects

Posted · 178 Comments

International Finance Corporation (IFC), the financing arm of the World Bank  are engaged with the financing of solar projects in India. Recently Acme Solar received the financing of their upcoming 25 MW solar power project from IFC. The total investment is estimated to be US$50 million, of which financing sought is of the order of US$36 million.MP Power Management Co. will purchase and utilise the plant under a 25 year power purchase.

EXIM bank financing is yet another attractive option for financing of solar power projects. First solar has been highly active in arranging the financing from EXIM Bank for which the PV modules were shipped form the US. EXIM has so far financed about $ 350 million to solar projects in last three year.

Anil Ambani group company Reliance Power has tied up funds for its 40 MW solar power project, with loans worth Rs 5.25 billion ($109.3 million) coming from the Asian Development Bank and the US Exim Bank.

Apart from these institutions, many green energy funds are also available which can provide equity at a cheaper rate and ease out the cost of financing for these solar projects.

The Asian Development Bank has emerged as the main lender to promote solar projects in India. European Investment Bank (EIB) has also expressed interest in financing solar park projects in India. ADB has also assisted the Gujarat government in the financing of the transmission line for evacuating the power generate from their Charanka Solar Park.

 

178 Responses to "Financing options for solar power projects"
  1. Kamlesh patil says:

    I Kamlesh patil from Maharashtra i am looking for investor who can invest 7 Cr to onwards for 1MW/5MW upto 30 MW….i have a land …i am looking for investor who could invest 100% & invested money will be returned to investor from profit & another is from remaining profit it will be 50: 50 partnership
    Please kindly contact to
    08421694528
    kamleshpatil754@gmail.com

  2. Rohit Pradhan says:

    Hi all
    Sri have 30 acres of plain Land in Orissa will boundary water 11 KV Line. Interested to have 5 to 6 me solar power plant. Any agency interested to execute the project with finance supply including pap with Orissa government invited.

  3. kevin kruger says:

    we offer financial investment in the form of loans , we also seek to offer financial

    assistance to companies and firms with serious business plans and well worked out structures

    we also seek to assist entrepreneurs and personal loan seekers ,

    contact us if interested so we work on the documentations

    on your contact you would be attended to by our agent Mr Kruger

    on the procedures and necessary directories

    E-mail: kiv.kruger@outlook.com

  4. Ajit says:

    We can do BOOT model in solar power. If you are power consumed, having Roof top or Land in own premises with good credit rating, we can supply power with 20 YEARS PPA at good unit rate.

    Ajit karmalkar

    9819115511

  5. Ajit says:

    We can do solar power project on BOOT model. Any one have rooftop or land & interested in solar power without investment. Please contact at

    Ajit karmalkar

    9819115511

    Visionindiatech@gmail.com

  6. James A Schneider says:

    Dear Sir/Ma,

    Are you in need of a Loan/Funding for a project? Have you been trying to obtain a Loan from any of the Banks or Loan Companies and got Ripped off and they have refused to grant you the Loan because of bad credit? we offer all types of non-recourse Loan and funding at a low Interest Rate of 3% both long term and short term.

    The categories of Loan/financial funding offered include but not limited to: Business Loan, Personal Loan, Company Loan, Mortgage Loan, debt consolidation and financial funding for both turnkey and mega projects E.T.C. from a minimum of Euro/US$1Million to Euro/US$5Billion Max.

    We also specialize in lease and sales of Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN} and Confirmable Bank Draft {CBD}, this financial instrument is issue from AAA Rated bank such as HSBC Bank, UBS Zurich, Barclays Bank , Standard Chartered Bank E.T.C.

    The financial instrument can be invested into High Yield Investment Trading Program {HYITP) or Private Placement Program (PPP). We are direct to a genuine and reliable Financial Organization, without broker chain or chauffer driven offer.

    Kindly get in touch for further details and procedure.

    Regards
    James A Schneider
    Email: jamesaschn@gmail.com

  7. venkatesh says:

    Hi All,

    I have a land of 100 Acres (30 Acres Self, 70 Acres Joint) in Ron Taluk, Gadag District, Karnataka and planning to give it for a lease for Solar Plant setup. Please let me know if any company is interested taking land for the lease.

  8. Arjun Kumar says:

    Hello Invester,
    I have an PPA agreement for 15 yrs with a sound and good third party in M.P. with 2% escalation every year. e land 10 Acre will be provided by the third party. Any investor is interested to sign the PPA with the party than pl contact us We can extend the PPA terms of 25 Years also.
    Arjun_mandelia@yahoo.com
    Mbl 7879701089

  9. Arjun Kumar says:

    Hello Invester,
    I have an PPA agreement for 15 yrs with a sound and god third party, 2% escalation every year existing PPA rates , land 10 Acre will be provided by the third party. Any investor interested to sign the PPA with the party than pl contact us We can extend the PPA terms of 25 Years also.
    Arjun_mandelia@yahoo.com

  10. Debora Walke says:

    Hello,

    I am Direct Bank & Provider Mandate, ready and able to deliver bank instruments in the form of (Bank Guarantee (BG), Standby Letter of Credit (SBLC), MT760, MT799, MT103, Loan, MTNs Trade Programs and Discounting to your nominated bank coordinates.

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    Our bank instruments can serves as collateral as the case may be, which will enable you get loans from your bank so as to embark on any projects such as Aviation, Agriculture, Petroleum, Mining, Telecommunication, Construction of Dams, Real estate, Bridges, Trading, Importing and exporting and Other Turnkey Project (s) etc.

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  11. K. Manohar says:

    Agricultural lands for sale 100 to 1000 acres 4-5 lacs per acre for Solar plant in Andhra Pradesh.
    Please Drop an email to konduru.manohar@gmail.com for more details.

  12. Dav says:

    Its here again Do you need financial support for business startup or expansion, have it sanctioned to you within 24-72 hours with no course for delay. Contact us directly via my company e-mail id at: ekoloan5@gmail.com

    • sunil reddy says:

      Hi Dav,

      We are looking for equity funding for our solar project in andhra pradesh. contact 9550751175.

      regards
      sunil

  13. Hi all.
    Funding for solar power plants available.
    ROI depends on proposal.
    Big proposals are mostly welcomed.
    For more info personnel msg me,no msgs here plzz.

    Regards
    Thakur Avinash
    Call——–08269622619
    Whtsap–09098433350

    • sunil reddy says:

      Hi Avinash, We are looking for funding for a solar project in andhra pradesh. For further details contact on 9550751175

  14. Hi all.
    We have requirement of purchasing running solar power plants in India.
    Good n profitable proposals are accepted.

    Plzz personnel msg me on,no msgs on here plzz.

    Regards
    Thakur Avinash
    Cal——-08269622619
    Whtsap-09098433350

  15. Dav says:

    Do you need a Loan ? Email: ekoloan5@gmail.com We Are Currently Offering Private * Commercial and Personal Loan * Business Loan * Payday Loan * Student Loan * Mortgage Loan* Auto Loans * Bad credit Loan * Home equity Loan *Project/Contract Loan * Debt Consolidation Loan to interested individuals at 3% Interest Rates. Apply with us Via Email:ekoloan5@gmail.com

  16. LOVE SETHI says:

    please call : 9650724923

  17. K.S.Duraiswamy says:

    Sir,
    We hold 200 acres of wet lands in Tamilnadu and plan to go ahead with two tier solar farming of 40 MW with transparent Panels in order to continue organic farming below the solar panels. This is a unique model and we are on look out for a good Joint Venture with funding-Equity and debt.

  18. K.S.Duraiswamy says:

    Sir,
    We are holding around 200 acres of wet agricultural land and plan to go for solar/Organic agri two tier farming a first such model in India. We am looking for TRANSPARENT SOLAR PANELS THAT WILL NOT SHADE THE CROPS below, with suitable funding either in JV or Equity/Debt Financing. Once these are finalized, we can move the DISCOM for PPA. We are also looking for Private PPAs from Power Distribution Companies.

  19. khushal says:

    hello sir,
    can you help me for finance for the 1mw solar pv power plant which we will setup in gujrat .we have land and ppa agreemnt

  20. Mahamuni says:

    Dear Sir,
    This is Mahamuni from Badger Solar Consultancy. In line with your requirement we would like contact you regarding the same. Kindly share your contact details on 9769317386.

    Mahamuni

  21. Hussain says:

    Hello Mrs / Mr
    I am able to get loans ranging from $ 300 to $9,000,000 with conditions that will make the life easier. you do not have the favor of banks or better you have a project and need funding or investment, a bad record of credit or need money to pay bills, Fund to invest in companies. So if you need loan do not hesitate to contact me for more on my terms. For any other information please directly contact me by E-mail

    • rana says:

      Mr. Hussain, Good morningI have 300 acres plus commercial land in Khardi, 1 hour drive from Mumbai City. I wish to setup solar farms in this land for which I requie funds. We could setup a company in mutual understanding. The land is available in lease or outright purchase. I do have Nepal Government ready to purchase 100MW power. kindly contact me Rana nobile@8447396139 or email: suryabhadwankoprasad@gmail.com Await your response.

  22. Ajit says:

    Hi
    This is Ajit from Bangalore. I have PPA signed for RS.9.56 for 25 years. And have 10MW PPA with required land is available. I am looking for funding to execute the same.
    Please mail me the details to ajit20.vs@gmail.com

  23. prasannakumar says:

    also see more videos at youtube “prasannakumar c”

  24. prasannakumar says:

    respected sir i am an inventor ,i have 3 patents in power generation 1.mechanical power generation system,2. advanced diesel power generators up to 1MW,3. domestic power generation with zero fuel cost. i have funding also from energy venture capitalists ,but their asking 70% to 90% in equity .that’s why i am trying to launch my won ,the benefits of this systems will 100% to the common peoples ,that’s why i am trying to launch my won .this is my present position .i hope you will be understand my position and support me,i think so.

  25. prasannakumar says:

    working models demo visit at youtube.

    ‘cpkinventions1’ ,

  26. prasannakumar says:

    i am an inventor i invented a new method of power generation which is best in renewable energy methods like solar,wind ,tidal methods. i registered a company ‘chitipirala energy and research private limited’.in andhra pradesh. i really don’t want to compare any other methods ,and i am not interest to dig-rate any other methods also ,but as a technical person the difference between existed and my method is half off the investment and above 75% plf (plant load factor) continuously will be possible ,it is only possible in thermal, nuclear power plants only.but in solar ,wind power plants continuously 75% above plf ( plant load factor) is not possible ,because of ,all this methods are nature dependent so this reason it could not work constantly, that’s why return of investment is 9 to 12 years in solar and windmill,practically. but in this new method it will be 3 to 5 years,because of high value of plf( plant load factor).1mw at 3 crores and ROI ( return of investment) is 3 to 5 years . i want to launch globally this method .i have filled a patent also. i registered a company also.

    come to the real part, i need funding anybody interest then contact me .we work together 50%:50%
    only interested persons may email me at : cpkinventions@gmail.com, or sms me at 8106742092

  27. Chandrasekaran says:

    Sir

    We have contact in UK who have made tie up arrangements with US and German firms for Solar Power Project and right now we can try to arrange funding for 60 MW solar power plants only in South India. Those who can provide the full details of the project in a transparent way may please contact.

  28. Abbas Ebbrahimpoor says:

    Dear Sir,

    We follow to finance and establish some renewable energy power plant(wind and solar) in Iran, in the form of loan and joint venture(investment) . If your corporation tend to supply and /or cooperate in these projects. would you please send us your condition same as rate , repayment period and percentage of loan and also types of investment models and other useful information may be required..
    We wish to establish a good and profitable business relation with you.
    I look forward to hearing from you at your earliest convenience.

    Best Regards,
    Managing Director
    A.Ebrahimpoor

    ParsGasEima CO.
    Karaj Iran
    Tel: 0098 9126608079
    Fax: 0098 34449731
    E.mail: parsgaseima@yahoo.com

  29. Kuldeep singh shekhawat says:

    I have set an 1 Mv solar plant in rajasthan.i have own land and i have need fund soany bank to give us loan land or solar plant

  30. shyam lal suthar says:

    Dear SIR,
    GREETINGS FROM Shyam lal
    I am going to start a solar plant in AJiT village, Rajasthan.I have own land, I want financial support for solar project in own land. my land is nearest 33/11kV GSS approx 200metre . I am doing to implement 1 MW solar plant near my home town in Barmer,Rajasthan. Need help to get further investment. I also received some knowledge from Solar implement company.
    We have land and also we get the ppa agreement.
    Please help us in funding and investor company.

    Thanks & Regards
    Shyam lal suthar
    Email: shyamlaljaipal@gmail.com
    Contact us: 9782370304

  31. Ravi says:

    My Client has 3Mw PPA with Andhra Pradesh Govt. at Rs.6.45/- .
    All approvals are taken to start the project and COD is September 30,2016. We require 100% Funding of the Project apart from what we have spent till date for the project.
    Please let me know if you can support funding the Project asap.
    Let me know if any additional information is required.

  32. rehan says:

    Hi
    We need investors or finance 90 to 100% for solar power plant 30Mw in Africa island all documents and approval from government available anybody’s interested kindly contact me

  33. Morgan Williams & Co Finance says:

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  34. Amit says:

    Dear Sir,

    We have 2.1 MW PPA signed for 25 years at the rate of 6.53 Rs/kilowatt.
    Need Finance to start the project in maharashtra. we have already acquired 15 acre land on lease.
    Please help us in funding.

    Thanks & Regards
    Amit

  35. ajit says:

    Dear Sir,
    ​​I am looking ​Forward for a loan for my solar project in South India.
    I have 3 mw PPA available with me.
    Looking for any bank or private investor for the same on debt finance or if on jv . terms can be worked out. total Investment 20cr. approx/
    Can work on 80:20 ratio
    Let me know if you can help.
    call me on 9930700143.
    Thanks

  36. R.D.LAWRANCE says:

    RESPECTED SIR,
    GREETINGS FROM R.D.LAWRANCE.
    WE ARE GOING TO START A SOLAR PLANT IN KARUR DISTRICT THE STATE OF TAMIL. WE HAVE OWN LAND, WE WANT FINANCIAL SUPPORT FOR THE PROJECT.

    R.D.LAWRANCE.
    idcrfasia@gmail.com
    09486287269.

    • Abhay Bhandarwar says:

      Dear Sir,

      we registered our company as Kanyaka Nonconventional Energy Private Limited. we propose to start 85 MW solar power park in Maharashtra, India. we have purchased land of 350 acres in Nagpur district. we are looking for project funding in a debt finance or in Joint Venture for completing the infrastructural work of the solar park like power evacuation line, water supply, proper road approach to each solar plot, etc. We also want investors who are interested to invest in solar because of its a 100% return proof project. investors can set up a solar power plant for their personal use or for out rate sell also.

      please contact us

      Regards,
      Abhay Bhandarwar
      K.N.C.E.P.L.
      9850630722, 7745856965
      abhaybhandarwar@gmail.com
      kncepl@gmail.com

    • alok says:

      Dear,
      we are providing loan any where in india so call me on my number 9099803283

    • creswell weightman says:

      Dear Lawerence ..please revert back as I could have an investor for your project…..my email address is creswell.weightman@gmail.com and Contact Number 9845320622

    • Shailendra says:

      Dear Lawrance
      You want to investment for solar power plant. i will arrange fund for you. but for above 50Cr. projects. If you have as such type of project then you will contact me.
      9453764688

    • D. N. Mishra says:

      Dear sir have you got PPA for 25 years at which rate finance we will mobilise for you send details of status of project tks

  37. Lakshmi L says:

    We are looking at setting up a 10 MW solar project in Andhra Pradesh. We have done extensive research on the project and its very much viable. We have our own land available and we have also acquired Private Power Purchase Agreement for 10 MW. We are looking at partnering with a funding institute to fund this rural project with 100 percent funding.

    We will be happy and honored to partner with your organization. For a detail discussion we can connect on 7093340753.

    Warm regards

    Lakshmi

  38. Alberto says:

    we are STEG ASIA PACIFIC INVESTMENT Ltd com Hong Kong , our group have founding to financing pv project en India with PPA signed, please contact with us.

  39. umesh says:

    Sir we interested in setup a solar power plant in Gujarat.and for that I need some guidance for funds. And financial support..

    • Victor says:

      Dear Mr. Umesh,

      We have investors in Gujarat if you are having a valid PPA signed with the Govt. Please share me the details on ppa@madretrinity.com

    • RAJKUMAR SINGH says:

      Dear Sir

      our company can do project financing for complete set up of solar power plant with world class equipment with 25 year guarantee for 3 year against LC.
      PPP require to go ahead further.

      Price: 5.60 Cr. (Rupees Five Crore and Sixty Lacs Only)
      Above price is based on SITC (Supply, Installation, and Testing &
      Commissioning.
      Delivery: 6 Months for EPC from advance payment and opening of irrevocable
      Letter of credit, and handing over of the land for single plant.

      Warranty: PV MODULES: 10-year Mechanical and 25-year performance
      INVERTER: 5 Years BALANCE
      OF SYSTEM: 1 Year
      STRUCTURE: 5 Years

      All warranties shall be passed through and shall be passed to
      the customer at commissioning

      please contact for detail to indirapuram100@gmail.com

      • V.kumar says:

        Dear Raj Kumar,
        We are looking for a financed or bussiness partner to setup a solar power plant in Maharashtra Mumbai for 80%.We owned sufficient land and all paper work and approval in place.
        Pls contact me for better discussion

    • alok says:

      Dear,
      we are providing loan any where in india so call me on my number 9099803283 from surat

    • KAMAL P DHAMEJA says:

      pls contact me sir on my mobile 8237894513/9403336350
      my name is KAMAL DHAMEJA i will arrange a funds for u

  40. Hi,
    My self Durga shankar garg, i am from bikaner (rajsthan) india
    I need loan for solar power project
    Please contact me 09929305301

  41. Er.Suresh Sankhala says:

    I have all types of documents and redy finance for project but PPA process is not complit so help me for PPA Process

    Cell No. 9722806480

  42. suresh says:

    need funds for 5mw solar project in Karnataka

  43. Pawankumar says:

    Agricultural lands for sale 1 to 1000 acres ranging from 1 lac to 10 lacs per acre. Also available land for township, industries, solar plants, power plants. Drop email to business.pnc@gmail@gmail.com

  44. Dr.Rajju says:

    Hi
    I have 30 MW power plant ready to built. (Land levelled, all permissions obtained, evacuation from discom, dpr, feasibility done) PPA from solid AA+ rated party within the same discom.
    We are looking for JV or project funding. If you are interested, please send us your interest to rpgplbio@gmail.com or contact at 8886993458

    Thanks
    Dr.Rajju

  45. Dr.Rajju says:

    Hi We need either JV or Project finance for our 30 MW solar project. We have a solid offtaker(PPA) in the same discom at good rate. If you are interested, please contact with your details to rpgplbio@gmail.com or 8886993458

  46. ANANT VASANT TALPALLIKAR says:

    For Funding cum EPC of Solar Projects of 25 MW and above, you can contact col.a.v.talpallikar@gmail.com and +91-9963585277

  47. Sunil Joshi says:

    We are looking for soft loan for grid connected roof top solar plant with net metering, size of less than 1 MW in Maharashtra. Can you help us get the loan?

  48. Morning All,

    We fund all types of solar projects. If interested, kindly get back to us along with a copy of PPA (Note: We only entertain clients having PPA or who are going to sign-PPA with government / Sale to Board or DISCOM. In case you don’t have PPA kindly share the Allotment Letter). PPA Rate should not be less than 5.50 / Unit / kWh.

    Existing customers / farmers having PPA pls share following details:
    – PPA
    – LoI
    – Connectivity (sanctioned) documents and KM in distance
    – KYC ( Copy of Aadhar Card, Passport and ITR)

    Financing :
    – Upto 70 % LOAN for All Solar Project (Min. 50% Colleral security is mandatory for Loan) at 6-7% through foreign funding and 10-13% through Indian Banks. (for OPEN Access; Rules are different. Pls contact for more information)

    – Upto 90 % finance under Joint Venture or SPV (special purpose vehicle) – No Collateral Security required. 10 % Equity Contribution from customer or farmer and 90 % through us.

    Service Charge: 5-7% on total project.

    If interested, Email us on: info.aginor@gmail.com

  49. Abhishek Sethia says:

    Hi,
    This is Abhishek. I have complete report on 5 MW solar PV plant. As i m lacking short of funds, So can u help me out how can i come out of this scarcity. The solar project is 100 percent return proof project
    If anyone interested in doing investment in return they will get the percentage of Shares.

    abhisheksethia18@gmail.com

    • Arul says:

      Hi Abhishek,

      I am Arul Sampath Software engineer, USA , I am doing more study to implement 1 MW solar plant near my home town in Tamilnadu. I can able to invest around 50 lacs and can get 1 more partner. Need help to get further investment with low interest rate. I also received some knowledge from Solar implement company INDAUSSOLAR but due to lack of investment cannot proceed further.

      Please help to proper financial support on this.

      Thanks

      • MEENASKHINATHAN says:

        send your interest to chellamenergy gmail com

      • Muralidharan says:

        sir,
        we are a team of entrepreneurs based in Coimbatore, TN, India
        AND have an innovative technology based renewable, clean
        power generating plant project awaiting investment support.
        proposed to be erected in coimbatore &/ gudallur (TN).
        Other cities or locations could also be considered if investor prefers.
        It is a renewable , clean energy project using a mechanical accelerated system
        innovated by our team member and is very economical and echo friendly too!
        The proto-type is ready and is being successfully demonstrated in our workshop.
        For the project we have a supported collateral worth Rs 150cr (around).
        we seek around 100crores (25 cr onwards) as loan in a staged manner.
        To initiate the process our immediate requirement is 25 to 50 LAKHS (INR).
        Investors will be protected to get big profit, as equity holders and / lifelong JV partners.
        Is there any provision at your end to support us?
        Can we apply for a loan/investment/jv support?
        If possible what are the requirements to apply?
        Please reply asap
        for omnicom
        Muralidhrana
        +91 9020202525
        ref: www,aceinventions.blogspot.in

    • VLS Power says:

      Dear Sir,

      For Solar Investment and EPC, Send the project details to vlspower01@gmail.com

  50. Ravish bansal says:

    Dear sir,i am ravish bansal iam from Madhya Pradesh Bhopal looking forward to setup solar power plant.kindly help in arrenging the foreign funds at lower rate of intrest.pls contact me at
    wickedravish@yahoo.co.in ph- 9893026566

  51. vivek angadi says:

    need project finance for our 3MW solar power project in karnataka.

  52. Dear sir My Name Is Sattya Kumar we are looking for Funding for 20MW Kindly Contact Us On 91+9032702727

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