As solar adoption grows across industries and institutions in India, decision-makers face a pivotal question:
Should we own our solar asset, or pay only for the power we consume?
This is more than a financial choice — it’s a strategic one.
At Hyenr, we’ve implemented both CAPEX and OPEX models across diverse projects, from rural schools to multi-megawatt industrial plants. Based on our field experience, here's a grounded perspective on which model suits which type of consumer — and why.
What is a CAPEX Model?
In a CAPEX (Capital Expenditure) model, the customer invests upfront, owns the solar asset, and reaps the long-term savings and benefits.
Real-World Example:
“We commissioned a 1MW open access solar plant under the CAPEX model for SSRVM Trust, delivering clean power to multiple institutions. The long-term vision of the Trust matched well with the one-time investment approach,” says Pankaj Vijh, General Manager at Hyenr.
Why CAPEX Works:
- You own the plant, so you control operations and upgrades.
- Savings start after breakeven — typically 3–5 years.
- Eligible for accelerated depreciation and other incentives.
- Suitable for organizations with surplus capital and a stable energy footprint.
We've delivered CAPEX projects across India:
- 2.25MW ground-mounted plant for VVMVP Trust, Karnataka
- 200kW rooftop system for a facility in Vasad, Gujarat
- 100kW solar installation in Omkareshwar, Madhya Pradesh
What is an OPEX Model?
In the OPEX (Operational Expenditure) model, the solar plant is financed, owned, and maintained by a third-party investor. The consumer simply pays for the power consumed — often at a rate lower than grid tariff.
Ground Example:
At Sri Sri University in Odisha, we executed a 650kW rooftop solar project under an OPEX model. The university pays only for the energy it uses, without worrying about capital investment or maintenance.
Why OPEX Makes Sense:
- Zero upfront investment
- Pay-per-unit pricing via Power Purchase Agreement (PPA)
- Operations and maintenance handled entirely by the solar provider
- Ideal for institutions or SMEs with budget constraints
So Which One Should You Choose?
“CAPEX is ideal for those who want long-term savings and full asset control, while OPEX suits organizations that want to go green without blocking capital,” adds Pankaj Vijh.
The right model depends on your:
- Capital availability
- Consumption predictability
- Willingness to manage the plant
- Long-term vs short-term energy strategy
Ready to Go Solar with the Right Model?
Whether you're looking to own your solar asset or prefer a hassle-free, zero-investment OPEX model, Hyenr is here to guide you.
Get a free consultation with our experts today.
Write to us at info@hyenr.com or call +91-7676492985
Visit www.hyenr.com to explore more solutions.
Why Hyenr?
We're not just solar EPC contractors — we’re energy partners. Our approach is grounded in technical experience and delivery under diverse business models. Whether you want the ownership advantage of CAPEX or the low-risk flexibility of OPEX, we guide you through every step — from feasibility to performance tracking.
