Solar Farm Solutions with Green Wattage:
Scalable Renewable Energy with No Upfront Investment
Large-Scale Solar Power for Businesses
As businesses worldwide push towards sustainable energy solutions, many are seeking ways to transition to renewable power sources. While rooftop solar is an excellent starting point, it often does not provide the capacity required to meet large-scale energy demands.
Green Wattage addresses this need with grid-connected, offsite Solar Farms through Open Access, enabling enterprises to procure up to 100% of their power requirements from solar energy. For instance, leading corporations leverage our solar farms to power their operations at lower costs while meeting sustainability commitments.
Opting for Open Access solar power offers businesses two key benefits: significant cost savings on electricity and an accelerated path toward 100% renewable energy adoption. Open Access solar allows enterprises to secure energy at competitive tariffs, ensuring price stability for the next 20-25 years.
Example:
Below graph showcases the benefit of procuring power from offsite open access solar farms in India. The Solar power is supplied considering the Time of Year (TOY) and with banking restrictions prevailing in India.
Let’s assume that this large corporate has a need for a continuous and constant power load of 100 units throughout the year 24×7.
Then power procurement through an open access solar farm alone can cater to only 60 units i.e. for every 100 units of electricity required only 60% of the power requirement can be substituted by solar energy without the risk of incurring significant banking losses and also customer can achieve around minimum 25% savings on their annual electricity bills.
*Disclaimer: The information presented above is for educational purposes only. All the data provided in the article above are approximate values derived from third party sources, research articles or on ground experience and GreenWattage would take no responsibility or have any obligation over the correctness of data.
Today we have a large network of private offsite open access renewable energy farms across India, through which we supply large corporates clean energy as per their requirements.
You can choose to procure low cost renewable energy using any of the below models.
Choose the Right Solar Procurement Model
With Green Wattage’s Open Access solutions, businesses can purchase renewable power from our offsite Solar Farms, Wind Farms, and Hybrid Renewable Energy Farms. This model eliminates the constraints of onsite space availability, providing a scalable and cost-effective renewable energy solution.
Zero Capital Investment
No upfront cost is required as the energy is purchased through a power agreement.
Guaranteed Cost Savings
Electricity tariffs are significantly lower than grid rates, leading to long-term savings.
Risk-Free Transition
No maintenance or operational hassles; Green Wattage manages everything.
Price Stability for 20-25 Years
Secure predictable energy costs with a long-term Power Purchase Agreement (PPA).
FAQ
How does Open Access solar help businesses achieve sustainability goals?
Open Access solar farms allow businesses to transition to renewable energy even if onsite solar space is limited. These large-scale power plants help meet substantial electricity demands while ensuring compliance with global green energy commitments.
What are the procurement models available under Open Access?
- Enterprises can procure solar power through two primary models:
- Third-Party PPAs – Energy is purchased from a developer without ownership investment.
- Captive or Group Captive Models – Businesses co-own the energy project to avail cost benefits.
What charges are applicable in Open Access solar procurement?
Charges vary by location and procurement model and may include:
- Transmission and wheeling charges
- Transmission and wheeling losses
- Cross-subsidy surcharge (CSS)
- Additional surcharge (AS)
- Banking charges
What factors should businesses consider when evaluating Open Access solar agreements?
- Assess project location and feasibility
- Understand regulatory risks and Open Access charges
- Perform due diligence on the energy provider
- Negotiate PPA terms effectively
What are the challenges in Open Access solar adoption?
Contractual Issues:
- Mismatch between PPA duration and financial commitments
- Standardization of contracts
- Operational Risks:
- Potential grid curtailment
- Performance variability
- Regulatory Uncertainty:
- Changing Open Access policies
- Varying state-wise eligibility criteria
Under this model, businesses invest in their own renewable energy project, securing complete ownership and long-term cost savings. Green Wattage provides full-scale development, from setup to operations and maintenance.
Lower Long-Term Energy Costs
Avoid unpredictable energy price hikes.
Tax Benefits
Eligible for tax incentives such as accelerated depreciation.
Expert-Led Project Execution
Green Wattage ensures regulatory compliance and smooth operations.
FAQ
How can businesses benefit from a Group Captive project without full ownership?
Companies can hold at least 26% equity in the project while the remaining stake is owned by Green Wattage. This allows businesses to access renewable energy benefits without bearing the full investment burden.
What measures should businesses take to ensure compliance in a Group Captive setup?
- Hold genuine equity ownership (minimum 26%)
- Ensure economic participation with full shareholder rights
Can a business terminate its Group Captive PPA?
Yes, but ownership must be transferred to another qualified captive buyer or back to Green Wattage. Compliance with Reserve Bank of India (RBI) guidelines is mandatory for foreign-owned entities.
A Group Captive arrangement allows multiple businesses to collectively invest in a renewable energy project, ensuring reduced costs while enjoying exemption from certain regulatory charges.
Minimal Investment, Maximum Benefits
The buyer holds 26% equity while Green Wattage covers 74% of the investment.
Lower Electricity Costs
Businesses purchase power at rates lower than conventional grid tariffs.
No Technical Know-How Required
Green Wattage handles project execution, compliance, and operations.
FAQ
How does a Group Captive model work?
Businesses collectively invest in a Special Purpose Vehicle (SPV) to own a renewable energy asset while securing long-term energy savings.
What legal and financial factors should businesses consider?
- Ensure full compliance with equity ownership rules
- Verify economic participation rights
Can a business exit a Group Captive project?
Ownership transfer options, such as put/call agreements, must be defined in the PPA. Foreign-owned companies must adhere to RBI pricing guidelines for share transfers.
Assessing Solar Feasibility for Your Business
Before Green Wattage can design and install a rooftop solar power system for you, it’s essential to evaluate whether your site is suitable for such an installation.
We provide end-to-end solar solutions, managing everything from design and installation to long-term maintenance, so you can focus on your business operations without any hassles. All you need is an unused roof, and we’ll take care of the rest. However, before moving forward, here are some key feasibility checks to consider:
Shadow-Free Area
Ensure there are no obstructions such as trees, adjacent buildings, or billboards that could block sunlight.
Cleanliness & Maintenance Accessibility
The site should be free from excessive dust, pollution, or debris that may hinder solar panel efficiency.
The rooftop should be easily accessible for regular cleaning and maintenance.
Structural Capacity
Your roof must have adequate load-bearing capacity to support the solar system. Reinforcement may be required if the structure is not strong enough.
Our expert engineers at Green Wattage conduct a detailed site assessment to ensure your rooftop solar system meets all safety standards and regulatory requirements. We design innovative solar solutions that optimize efficiency while adhering to compliance norms.
Whether you are looking for rooftop or ground-mounted solar solutions, Green Wattage delivers top-tier solar energy solutions, helping businesses across India and internationally with sustainable energy alternatives.
