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A solar power plant is an affordable and profitable business solution. Thanks to the development of technology, equipment is becoming cheaper and more accessible, which, in turn, reduces the project payback period.

Moreover, today there are many financial instruments that can help businesses implement their own power supply source. Below, we are elaborating on each of them.

• Own funds

By using own funds, it is easy to optimize the energy supply project according to the enterprise’s needs, without having to meet the requirements of external financial institutions. It also avoids third-party bureaucratic processes that can slow down project implementation.

Furthermore, there is an opportunity to choose an EPC contractor who can offer installment payments for the implementation of a turnkey SPP. This approach can reduce the financial burden on the company. For example, the implementation of a project with KNESS may involve payment in installments, according to a formed and agreed roadmap. 

• Credit programs

Today, Ukraine’s leading banks offer favorable lending programs for entrepreneurs. In particular, some of them are aimed specifically at supporting projects to improve the energy efficiency of enterprises or achieve partial or complete energy independence.

If you are considering this option of project financing, KNESS can provide support in obtaining financing from one of our Partner Banks, which enables to invest a minimum of own funds and not incur additional financial burden.

• Grant programs

Today, in the context of the energy crisis, there are a significant number of support programs with foreign funding sources aimed at improving energy efficiency. Grant programs are also available for entrepreneurs.

When constructing a solar power plant with grant funds, we provide clear and transparent reporting at all stages of project implementation, as well as a flexible approach to customer needs, which will help to implement the funds in accordance with the terms of the grant.

• KNESS as an investor

KNESS offers a business model for enterprises, in which we invest our own funds in the construction and maintenance of a solar power plant for your needs.

As part of the partnership with KNESS, the enterprise: 

– signs a power purchase agreement that provides for the guaranteed purchase of the entire volume of generation from the SPP at below-market prices;

-receives payment for leasing its areas for SPPs

In 6 years, the SPP will be fully acquired by you for free.