Solar Power

Solar Project Finance.

Financing a solar power project requires debt structured against the project's own future cash flows and construction risk, not just the sponsor's balance sheet — sized to the project's specific economics and timeline.

Project Cost Funding  ·  Construction-Linked Disbursement  ·  Long-Tenor Debt

Where This Applies

  • A utility-scale or captive solar project needs debt sized against projected generation and PPA revenue.
  • PPA tenor and offtaker creditworthiness are central to how lenders underwrite the project.
  • Module and EPC contractor selection affects lender comfort on technology and execution risk.
  • Debt sizing needs to account for degradation and generation variability over the asset's life.

How We Approach It

We size the facility against projected generation, PPA tenor and the EPC contractor's own track record, building in a conservative degradation assumption rather than the module manufacturer's best-case numbers.

Why EquiFin

  • Independent advisory — we structure and negotiate, we do not lend ourselves.
  • 60+ active lender relationships across PSU banks, private banks, NBFCs and private credit funds.
  • One point of contact from structuring through to disbursement.

Frequently Asked Questions

What is solar project finance?

Solar Project Finance is long-term debt structured against the cost, construction timeline and projected cash flows of a solar power project, rather than the sponsor's existing balance sheet alone.

Who finances solar projects in India?

Banks, NBFCs and specialised renewable-energy lenders finance solar projects, with the mix depending on project scale, PPA structure and sponsor track record.

See what documents lenders typically ask for — Documents Required for a Corporate Loan →

60+ Active Lender Relationships  ·  Independent Advisory, Not a Lender

Solar Power Projects Need Debt Structured Around Their Own Economics.

We size the debt against project cash flows, not just sponsor strength.

Discuss Solar Project Finance