The small scale commercial and industrial (“C&I”) rooftop solar potential around the world today, especially in the sun-rich regions that span India, Africa and Southeast Asia, represents an immense opportunity. India alone has an estimated 70GW of rooftop potential with only a tiny fraction of this successfully developed to date. By harnessing the power of the sun through the installation, financing and operation of solar PV assets, candi takes advantage of this huge untapped potential in order to free up capital for small and medium sized businesses (“SMEs”) by lowering their price of power, and in so doing drives positive change in the environment and the wider economy.
Solar power is now not only cost competitive with your business's traditional energy sources, it is the cheapest form of electricity available to you. candi brings you the benefit of clean, cost-effective and hassle-free electricity, providing immediate savings and a path to full solar ownership in as little as 10 years.
candi’s unique model benefits your business through:
- Immediate savings by substituting expensive grid or diesel power with cheap solar
- Zero upfront capital requirement
- No operation and maintenance (O&M) expenditure
- Short contractual term of 10 years or less
- Asset ownership on conclusion of the contractual term
- Simplified contractual structure
- Tier I equipment with long-term performance guarantees
- Reduction in the carbon footprint of your business
candi is a dedicated rooftop solar installer, financier and operator for SMEs across Asia and Africa. It brings together international capital, through its Swiss-based founders, and local expertise in order to provide a unique offering to this underserved sector. In so doing candi aims to reduce carbon emissions, create jobs, increase energy access and save money for small businesses, thereby releasing capital for more productive use in the economy.
The positive impact of addressing this market gap is immense, if just 5% of India’s rooftop potential were to be exploited:
A CO2 reduction equivalent to over 1.3 million cars could be avoided every year.
Millions of people could have increased access to energy by easing demand on the grid
Over 100,000 direct and indirect jobs would be created
US $150 million of savings would be released for more productive use in the economy every year