Definition
RESCO (Renewable Energy Service Company) is the Indian OPEX-model entity that owns, finances, operates, and maintains a solar plant on a customer's site, selling energy via PPA at a fixed per-kWh tariff.
Key Takeaways
- RESCO = solar OPEX-model provider in India.
- Owns plant; customer pays per kWh.
- Major segment of C&I solar market.
- Common term: “RESCO PPA” = OPEX solar deal.
- Differentiated from EPC (which builds for an owner).
Frequently Asked Questions
3 commonly searched questions about RESCO.
What is RESCO?
Renewable Energy Service Company — entity that owns/operates solar plant on customer site, billing per-kWh PPA. The OPEX-model provider.
How is RESCO different from EPC?
EPC builds the plant for the owner. RESCO finances, owns, and operates the plant; customer is the energy buyer, not the asset owner.
Major Indian RESCOs?
Cleantech Solar, CleanMax, Amplus Solar, Fourth Partner Energy, Tata Power, Hero Future Energies, Adani Green, ReNew Power (C&I division).
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