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Installing photovoltaic solar panels on building roofs is highly practical, offering a unique production method that requires no labor. The true advantage of photovoltaic technology is the possibility of having a photovoltaic structure built for free through a straightforward financing system. By financing the structure and solar panels over a longer period (10+ years), the energy produced either for your use or sold to the grid can exceed the monthly payment costs, effectively providing a no-cost solution to generate additional revenue for your club.

This article provides all the necessary information about photovoltaic structures and their financing:

(1) What is a Photovoltaic Structure?

A photovoltaic structure is a covered building, typically 60 x 120 ft or 7,200 sq ft, equipped with solar panels that generate electricity. This renewable, non-polluting energy can be consumed or sold, allowing you to further develop your activities.

(2) How Much Does a Photovoltaic Structure Cost?

The cost of a turnkey photovoltaic structure varies depending on the type of structure, financing conditions, connection costs, and the level of customization. On average, a 60 x 120 ft structure costs around $500,000 USD.

Other Requirements:

• Proximity to the Electrical Grid: Your photovoltaic structure must be near the electrical grid, either a transformer or a 20,000 V line (3 wires) if you plan to feed electricity into the grid. We have an AI tool that can help determine this.
• Optimal Exposure: A southern orientation is ideal, but roofs facing East or West can also be profitable, depending on the region.
• No Shadows: Ensure there are no buildings, trees, or other elements that could cast shadows on the roof.

(3) How to Build a Photovoltaic Structure Without Any Money Out of Pocket

1. Get a detailed estimate from us for the structure.
2. Apply for financing.
3. Get financing approval.
4. Order the structure and panels.
5. Get the structure installed.
6. Connect the solar panels to the grid.
7. Get paid for the electricity produced or consume it yourself.

(4) How Does the Structure Become Free?

Although a photovoltaic structure requires an initial investment, it can often be financed with zero down payment over seven years or longer. The income from selling electricity or from self-consumption typically covers the payment plan, making the structure virtually cost-free.

Self-Financing Explained:

1. Invest in a photovoltaic structure; once operational, you own and manage the electricity production and the building.
2. Earn income from the sale or self-consumption of the electricity produced.

(5) The No-Cost Photovoltaic Structure for Tennis Clubs

If a free photovoltaic structure meets your club’s needs, let’s discuss the potential collaboration. Choosing a free photovoltaic structure is a simple, quick, and effective way to maximize ROI for your tennis club. However, ensure your project is profitable before proceeding. For a quick and sustainable start, HeroX offers free, no-obligation consultations to guide you through the process. Click the link here to schedule a meeting.