Opex (RESCO)
Overview
V-TECH Renewables specializes in providing sustainable and cost-effective solar energy solutions. Our focus is on rooftop solar installations using an operating expense (Opex) model, enabling businesses and homeowners to harness the power of solar energy without the burden of upfront capital costs.
How the Opex model works
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The consumer provides the space, and the developer invests in the equipment, installation, commissioning, and maintenance.
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The customer pays for the power generated under a long-term power purchase agreement (PPA) for a fixed tenure.
Benefits of the Opex model
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No upfront investment required for transition to solar.
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Cheaper and risk-free electricity for long-term sustainability.
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Capital is repaid through the savings in electricity bills.