CloudSolar Project FAQs

General Questions

What is the CloudSolar Project?

The CloudSolar Project is a platform aimed at making solar energy more accessible by allowing individuals to invest in, own, or benefit from solar energy systems without needing to install them on their property.

How does the CloudSolar Project work?

Participants can purchase or lease in KVs in solar panels installed at large solar farms. The energy generated is sold, and the participants receive a portion of the revenue based on their share.

Who can participate in the CloudSolar Project?

The project is open to individuals, businesses, or organisations interested in supporting renewable energy while benefiting financially or environmentally.

Where are the solar farms located?

The solar farms are strategically located in areas with optimal sunlight and infrastructure. Locations vary by region and project phase.

Investment and Ownership

Do I need to own property to participate?

No, you don’t need to own property. The project enables anyone to invest remotely without requiring physical space for solar panels.

What is the minimum investment required?

Investment requirements vary depending on the project. Typically, participants can invest in small shares / based on KVs of their monthly usage to make the project accessible to all.

What happens if I sell my shares?

Leased Solar KVs in the CloudSolar Project can usually be sold back to us or transferred to someone else, depending on the terms of your agreement. Please refer to the project’s policies for details.

Is this a secure investment?

While solar energy is a growing market, all investments carry risks. The CloudSolar Project is designed to be transparent, but we encourage potential participants to consult financial advisors before investing.

Environmental Impact

How does the CloudSolar Project contribute to sustainability?

The project helps reduce reliance on fossil fuels by increasing the production of clean, renewable solar energy. This leads to reduced carbon emissions and promotes a sustainable future.

Can I monitor the environmental impact of my investment?

Yes, the project provides a dashboard where you can track energy production, carbon offsets, and the overall impact of your investment.

Technical and Operational Questions

How is the energy generated by the solar farms used?

The energy is fed into the local power grid, benefiting nearby communities / the companies who are tied up with us, while generating revenue for participants.

What happens if a solar panel is damaged?

The CloudSolar Project maintains insurance and routine maintenance plans to ensure panels remain operational. If a panel is damaged, it will be repaired or replaced without affecting your share.

How long do the solar panels last?

Solar panels typically last 20–25 years with proper maintenance. The project includes long-term warranties and maintenance plans.

Billing and Revenue

How do I get paid for my share of the energy revenue?

Revenue is typically distributed monthly or quarterly or annually via bank transfer, direct deposit to your electricity bill accounts, or other methods outlined in our portal.

Are there any ongoing fees or charges?

Maintenance and operational fees may apply, but these are usually deducted from the energy revenue. Details are provided in the participation agreement.

What tax benefits are available for participants?

Depending on your location, you may qualify for tax credits or deductions for participating in renewable energy projects. Consult a tax professional for advice.