Checklist Points for Evaluation of Loan Application:
Does the state in which the project is located have prevalent regulations allowing grid connection of rooftop solar projects?
What is the applicant’s (i.e. developer) experience in development, installation and/or operation of grid-connected rooftop solar PV projects? Preferably, there should be project development and installation of at least 5 projects of comparable size as the project under consideration for loan.