A country’s economic progress majorly depends upon its energy resources. Highly developed countries like the USA and China have a high energy consumption rate compared to other developing nations of the world. It has-been reported that India’s absolute primary energy consumption is
only 1/29th of that of the world, 1/7th of USA and 1/1.6 time of Japan.However, with the increasing danger posed by pollution, there is an urgent need to shun the excessive use of pollution releasing conventional sources of energy and which over to environment friendly options like the
Renewable energy resources.
Renewable energy is the energy that comes from replenish able energy sources such as sunlight, wind, etc. There is a large potential for renewable energy in India. It has been estimated that India’s renewable energy production amounts to a total of over 100,000 MW(excluding large hydro) There is a fully dedicated Ministry of New and Renewable Energy, assisted by a number of state nodal agencies that work to enhance India’s position in the area of use of renewable energy sources
What is Solar energy :
Photovoltaic (PV) Solar power is harnessing the suns energy to produce electricity. One of the fastest growing energy sources, new technologies are developing at a rapid pace. Solar cells are becoming more efficient, transportable and even flexible, allowing for easy installation. PV has mainly been used to power small and medium sized applications, from calculator Powered by a single solar cell to off-grid homes powered by a photovoltaic array. Solar installations in recent years have so largely begun to expand into residential areas, with governments offering incentive programs to make “green” energy a more economically viable option. In Canada the government offers the RESOP (Renewable Energy Standard Offer Program)
Solar rooftop leasing is one of the three basic ways you can make money from your rooftop with solar energy. The other two involve owning and operating solar panels on your own roof and joint venturing with a developer who will install the solar panels and share the income with you.
While a property owner might not have the resources to invest in a rooftop solar today … they still might be interested in realizing some income from solar energy through leasing their rooftop space to a developer – and make money while they learn more about the benefits of installing solar energy on their building.
In this section we will focus primarily on what you need to know if you are considering solar rooftop leasing.
Solar Energy is creating a Demand for Rooftop Space
As the solar energy movement continues to grow in both size and stature, governments, property owners and power providers are all seeking ways to access and leverage solar energy resources to their best advantage.
Obviously, in order to produce electricity from the sun – you need someplace to install your solar panels. In Europe, the Feed in Tariffs are generally structured in such a way as to pay a higher amount per kWh of power produced. This not only encouraged homeowners to install solar panels on their roofs – but also the owners of large buildings, Churches, governments and even the military are installing solar panels on their property.
While a growing number of property owners are investing in the installation of solar panels on their roofs – a new group of small to independent developers began exploring the feasibility of leasing rooftops, attracting investors and raising the money to pay for the solar installations.
Because of this growing demand – property owners are seeing interest from developers willing to pay to lease the space.
Rooftops Can Generate Income
Many commercial, industrial and retail buildings can provide the real estate needed for these systems, and are subsequently viewed as excellent candidates for roof rental.
In our experience in Germany – the optimum size installation is 250 kWh and above. These large PV systems typically require large amounts of rooftop space – with the exact amount depending on the type of solar panels used (i.e., solar panels with higher kWp require less space.
A growing number of third-party solar power providers are looking to rent roof surfaces from building owners in a designated area, install PV systems and sell the power generated to the local utility companies through pre-negotiated agreements.
Building owners don’t have to get involved in marketing the power generated on their roofs, and the lease agreements frequently guarantee at least 20 years of dependable rental income.
In Germany – we are able to find roofs on large apartment complexes in East Germany for about €1.00 / sqm / year. However, by offering to prepay the full 20 year lease in advance we can usually negotiate an even lower lease cost.
Note: Roof lease rates are directly related to the prevailing FIT rates in Europe. As FIT rates drop … the amount a developer is willing to pay to lease the rooftop also declines roughly the same amount.
In the USA – the lease rate will depend on the price that the developer can realize from the sale of the electricity produced.
Readiness of the structure for rooftop:
Not every rooftop will be suitable for a rooftop installation … and some are more suitable than others. Your suitability will impact directly on what income you might be offered for your rooftop.
In addition to being flat or angled to get good sun exposure and relatively free of obstructions in order to permit PV installation, the ideal rooftop needs to be exposed to the sun (not shaded by mountains, trees, other structures or potential future structures on the building site or on neighboring properties) and physically capable of supporting the weight of a PV array.
Size also matters, with the ideal size for a solar PV rooftop installation being in the range of 30,000 to 100,000 square feet
A new or recently rebuilt roof is preferred, because it is less likely to require additional structural support to accommodate the array, and because it will probably not require significant repair or replacement during the operating period of the solar project, which might necessitate the temporary removal or relocation of the solar array.