"Efficiency In SOLAR ENERGY Is More About INVESTMENT RATIONALE Than Resource Limitation"

Indian utility-scale solar company SolarArise claims to offer investors long-term, cash-generating assets and anticipates advancements in energy storage technologies to enable 24-hour clean power at competitive prices. In a freewheeling chat with EFY's Yashasvini Razdan, SolarArise's Co-founder Tanya Singhal divulged interesting details about the company's business model, challenges, technological innovations, and future plans of contributing to the country's renewable energy goals

- TANYA SINGHAL

What does SolarArise do? 

SolarArise is focused on building large solar plants to generate and supply solar power directly to the national grid. It secures land with ample sunshine, procures solar modules, raises funds for equity and debt, constructs the plant, builds lines for power evacuation to the nearest substation, and operates the plant for 25 years with an intent to reduce the cost of solar power generation through improved technology over the years.

What business opportunity does SolarArise present to investors?

SolarArise offers investors a chance to own long-term, cash-generating assets. Approximately 95% of the investment is made upfront in the capital-intensive solar business, with minimal annual operational and maintenance costs. The generated revenue significantly contributes to a reliable cash flow, making it appealing to investors such as pension funds or life insurance corporations. These investors, seeking annuity income with a long-term horizon, value the consistent, double-digit annual returns that solar investments can provide over 10, 15, or even 25 years.

Solar panels are said to have less efficiency. How does that compare with traditional energy generation sources?