HOW IT WORKS
Cloud Solar installs and hosts your remote panels on our licensed roofs and land; the solar power generated from our distributed network is pooled on the cloud platform and sold to the utility company, also known as The Barbados Light & Power Co.
We calculate each clients’ solar power generation every month based on the number of panels they own and we issue the net solar energy credits directly to our clients’ Solar Credits Account.
Clients automatically receive their solar energy credits directly from their account to their preferred financial institution, on a monthly basis as a cash payment.
THE DIGITAL PROCESS
A Simple Purchase
Select the number of panels in your digital solar PV system and pay for it online. Use our calculator to start!
Some Paperwork
Agree to our standard terms and conditions set out in our digital agreements.
System is Live
Your system goes live with full support services and insurance already in place, so you have no wait time or worries.
Immediate Power
Power on! Your system generates power every day with no roof or installation required nor waiting on regulatory approvals!
WHY INVEST IN DIGITAL SOLAR
A LARGE SOLAR EARNINGS
POOL
Our pooled earning system allows all our customers to benefit equally from our large installations across the island; and it offers a safer option against energy output swings.
A LONG TERM GROWTH
ASSET
A purchase of digital solar has a very predictable flow of earnings that can save customers the entire cost of their electricity bills. All of our solar products are digital with physical assets located across Barbados.
A COMMUNITY SOLAR
INITIATIVE
Community solar allows renters, homeowners, small businesses, and other participants to benefit from the energy produced by their portion of a remotely located solar farm; our digital solar systems do not require your roof or land space.
DIGITAL SOLAR ASSETS
| Digital Solar Panels | Digital Solar Investment (Coming Soon) | |
| Purchase Size | Up to 30 panels | Up to $100,000 of Solar |
| Panel Wattage | 260 watts per panel | 260 - 450 watts per panel |
| No Roof or Land Required | ||
| Estimated Monthly Earnings | Up to $300 per Month | Up to $375 per Month |
| Estimated Yearly Rate of Return % | 8-10% | 4.5% |
| Payment Type | Energy Produced Payments | Fixed Payments |
| Payment Frequency | Monthly Payments | Quarterly Payments |
| Product Type | Solar Energy Credits(S-RECs) | Fixed Lease Agreement with Buyout Clause |
| Service Contract Period | 25 year Agreement | 2-10 year Agreement |
| Insurance, Maintenance & Operations | ||
| Liquidity Options | ||
| Lock-Up Period | 1 year | 2 years |
| Bank Financing Available | No |
HOW TO BUY CLOUDSOLAR
- 01
- 02Determine Your
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NeedsDetermine the number of digital solar panels you would like to buy to offset your energy needs
Use our homepage calculator - 03Pay For Your Digital Solar Online
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Buy your remote solar panels instantly online, already installed, and watch as you start to earn solar credits
- 04Receive Your
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CreditsYour credits will be deposited into your Solar Credits Account which are redeemed for cash and can be re-invested into more solar PV up to 20 panels. This limit will be reviewed yearly.
