Zero-Investment, All-Inclusive Service:
Solar-As-a-Service

Monnet Innovation Center

Key Insights

Nine Essential Aspects of Solar-As-a-Service's Role and Advantages

01

€0 Initial Investment

Companies can start their solar energy projects without any upfront payment, eliminating financial barriers.

02

Immediate Positive Impact on P&L

Adopting solar energy through third-party financing leads to an immediate beneficial effect on the company's profit and loss statement.

03

Focus on Core Business

Businesses can concentrate on their main activities while the financing partner manages the solar project.

04

Fast and Simple Implementation

The process of switching to solar energy is quick and straightforward, ensuring minimal disruption to business operations.

05

Enhanced ESG Credentials

Companies improve their Environmental, Social, and Governance (ESG) profile by adopting sustainable solar energy solutions.

06

Compliance with Regional Regulations (Flanders)

Third-party financing helps businesses meet specific regional solar energy requirements, ensuring they comply with local regulations, like in Flanders.

07

Hassle-Free Solar Solution

The entire process, from installation to maintenance of solar panels, is managed by the financing partner, providing a stress-free experience.

08

Stable, Fixed Energy Costs for Life

Businesses benefit from predictable and stable energy costs over the lifespan of the solar project, safeguarding against market price fluctuations.

09

Flexible Purchase Option

Companies have the option to purchase the solar installation at any time during the contract, offering flexibility and control over their long-term energy strategy.

Frequently Asked Questions

Essential Insights and Clarifications on Solar Project Financing

What is Solar-As-a-Service in solar energy?

Enerdeal's Solar-As-a-Service is a comprehensive financing solution where we take care of funding, installing, and maintaining your solar energy system. This service allows your business to adopt solar power without any initial capital expenditure, making it a cost-effective and accessible option for enhancing your energy efficiency.

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How do Power Purchase Agreements (PPAs) work in Solar-As-a-Service?

Under Enerdeal's PPA model, we own and operate the solar installation on your premises. Your company simply purchases the electricity generated at a pre-agreed rate. This model eliminates the need for your business to directly invest in solar infrastructure, simplifying your transition to renewable energy.

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What are the financial benefits of Solar-As-a-Service for businesses?

Our Solar-As-a-Service model brings immediate positive effects to your company’s P&L. It transforms a significant capital expense into a predictable operational cost, offering stable energy pricing over time and improving your financial planning and budgeting.

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How does Solar-As-a-Service align with a company's core business focus?

With Enerdeal's Solar-As-a-Service, your business can remain focused on its core activities. We handle all aspects of solar project financing and operational management, freeing you from the complexities and resource demands of managing a solar energy system.

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What are the environmental benefits of adopting Solar-As-a-Service for solar projects?

Adopting our Solar-As-a-Service significantly reduces your business’s carbon footprint and supports your sustainability and CSR goals. It also ensures compliance with evolving environmental regulations, contributing positively to your green credentials.

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Can businesses opt to purchase the solar installation in a Solar-As-a-Service arrangement?

Yes, our Solar-As-a-Service contracts are flexible and include an option for your business to purchase the solar installation at a later stage. This option provides you with control over your long-term energy strategy and asset ownership.

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How does Solar-As-a-Service contribute to a company's environmental image and reputation?

By partnering with Enerdeal for solar energy, your company showcases its commitment to environmental stewardship. This enhances your brand image and aligns with the growing expectations of customers and stakeholders for businesses to adopt sustainable practices.

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How do businesses ensure compliance with regional solar regulations through Solar-As-a-Service?

Enerdeal is well-versed in local and regional solar energy regulations. We ensure that all installations comply with these requirements, helping your business meet specific environmental mandates and avoiding any regulatory pitfalls, like the Flemish Photovoltaic mandate in Flanders.

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Frequently Asked Questions

Below you will find answers to your questions about our offerings.

How long does it take to install the system and how does it go?

Installation is strictly dependent on the size of the installation. From the moment the contract is signed for installations up to 50 kWp, it usually takes up to 7 weeks. However, for larger installations, we are dependent on obtaining approvals and permits from both municipalities and the DSO, hence this process can take up to 12-18 months.

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How long does a photovoltaic system last?

The estimated lifetime of a photovoltaic system is 25 years. Commercially available solar panels have a degradation rate of about 0.50% per year, which means that after 25 years of use, their efficiency will drop by 15%.

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What if, during the course of the contract, the panels stop working as expected?

For 15 years, service and maintenance of the installation is completely on the EDP side. As part of EDP's service and maintenance of the installation, we provide an advanced Energy Manager system to ensure ongoing monitoring of the proper operation of the PV installation (including monitoring of PV energy production, alerts in case of failure, reporting and analytics, and real-time monitoring).

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How does plant monitoring work in the Control Center?

Our engineers at the EDP Control Center monitor PV operation 24 hours a day, which, in case of anomalies, influences rapid response time, thus ensuring maximum reduction of plant operation downtime.

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How does a photovoltaic installation work?

Photovoltaic modules are made of cells that convert solar energy into electricity. The direct current that is generated in this process flows through an inverter (inverter) and is converted into alternating current, the kind we use every day in our homes and workplaces.

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Where can a solar panel be installed?

Solar panels can be installed on the ground or on the roof, but not all locations allow them. Each panel requires an area of about 2 m2 and should be exposed to the sun as much as possible - that is, there should be no shade where you decide to install the panels, otherwise energy production will be affected.

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Is photovoltaics safe for the roof?

Properly fitted panels, together with the supporting structure, do not damage the roof. Their number, weight and mounting system are selected taking into account the type and parameters of the roof on which they are mounted.

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Do photovoltaic modules only work on sunny days?

Photovoltaic panels also work on cloudy days, although logically production is reduced compared to a completely sunny day. Days with lower output are equaled by those with higher output, as evidenced by the fact that the leaders in the use of energy obtained using photovoltaics are Germany, which, it is worth mentioning, has slightly lower insolation than Poland, according to studies.

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Does cold weather affect photovoltaic energy production?

The ideal operating temperature for solar panels is around 25℃. Solar panels perform better at moderately warm temperatures. This property of silicon cells makes the panels produce more energy in the summer due to the large number of hours of sunlight; in contrast, in winter they produce energy for fewer hours, but with greater efficiency.

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Are PV installations safe for people and the environment?

As EDP, we make every effort to ensure that the projects we carry out meet the highest quality, safety, as well as environmental standards. This means that each installation complies with legal requirements and consists of high-quality, certified components. In addition, as one of the few companies specializing in providing innovative energy solutions for business, we provide take-back of old photovoltaic cells after 15 years under the Easy Solar model.

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