Financing options for solar exist and can be tailored to meet various business goals.
Option 1: Ownership via capital outlay - CAPEX
Financing solar with upfront capital is an option that results in the best return on investment (ROI). This approach pays for itself in the form of higher savings and profits—since the money saved on energy can be reinvested into the business which transform a solar system into a new revenue stream faster.
Option 2: Operating lease - OPEX
An operating lease is also known as an equipment lease. For the term of the lease, the solar leasing company owns the solar array and the business owner pays out the solar system cost over 20-year lease agreement. The lease period can be reduced that will result in higher paybacks for the owner. The packages can be provided for 10, 15 and 20 years of leasing period with an optional buy-out opportunity.
As a progressive and forward-thinking enterprise, Sharaf DG Energy brings together global experience and local knowledge to create sustainable solutions. Founded in 2014 as part of Sharaf Group’s conglomerate of 47 companies, Sharaf DG Energy aims to carry on Sharaf Group’s legacy as leaders in each industry it has operated in, since 1975.
At Sharaf DG Energy, the mission is to make solar power the largest source of sustainable energy in the UAE. Sharaf DG Energy provides sustainable energy solutions across a variety of business sectors so clients can generate their own clean energy, benefit from annual energy savings, and learn to value the natural environment.