By incorporating these factors, the Solar CAPEX model provides a comprehensive assessment of the total investment required for a solar energy project. It helps project developers, investors, and financial institutions evaluate the feasibility, profitability, and payback period of solar installations.
Solar Power Opex, also known as solar power as a service, refers to a financing model where a solar power system is installed and operated by a third-party provider, who retains ownership of the system and bears the upfront costs. The customer, usually a business or organization, pays a predetermined monthly or annual fee for the electricity generated by the solar system. This fee is typically lower than the electricity cost from the grid, providing the customer with immediate cost savings.