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In the captive capex model, the corporate buyer for a utility scale renewable project makes the upfront capital investment. The buyer owns the power generating asset and the solar power generated is used for the corporate buyer’s self-consumption.
A variant of the captive model is the group captive model. Under the group captive model, a project is developed for the collective usage of one or many corporate buyers.
JREDA encourages the deployment of captive (behind the meter) and group-captive solar projects (grid connected) in the State. The minimum capacity requirement is 100 kW.
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Last Updated on: 01-06-2023 22:30:06