Lite Solar Introduces No-Capital Cost to Client Program

Lite Solar, a well supported auxiliary company of International Finance, declared that it has witnessed a spurt in its solar power installations in the last few months.

The company has recently contracted an affiliation accord with National United Properties (NUP to complete solar installations over the properties managed by it. The total required installation is expected to be around 3 MW.

The company also has entered into an agreement with Acadia Park, a leading family property developing company in the Southeast, to complete a multi-megawatt installation over its properties. Lite Solar has completed a hybrid type ground and roof installed 500 kW solar system for Sunnyside, a known property developing and operating company, from Pacific Northwest.

The company has recently introduced a no-capital cost to client program where the company will enter into a long term power purchase accord with the clients to complete the solar installation without any capital investment from the clients. The company anticipates doubling the growth of its projects in the pipeline for every six month period in the ensuing two years. For its development it banks on its negotiated interlinking processes with other utility companies.