Solar Farm Installation Company in Goa
Goa is emerging as a promising hub for renewable energy, particularly solar power, thanks to abundant sunlight, supportive policies, and growing commercial and residential demand. Establishing a solar farm in Goa is not just an eco-friendly choice but also a profitable investment for businesses, farmers, and landowners.
Synergy Solar is a trusted solar farm installation company in Goa, providing end-to-end EPC (Engineering, Procurement, and Construction) solutions, from feasibility studies and land assessment to installation, grid connectivity, and long-term operation and maintenance.
Why Choose a Professional Solar Farm Installation Company in Goa?
Expertise in Large-Scale Projects – Experience in executing turnkey commercial and residential solar farms in Goa, delivering efficiency and compliance.
Government-Approved Services – Assistance with all required approvals, including BREDA registration, BSPHCL grid connectivity, and local permissions.
Tailored Solutions for Every Land Type – Specialized designs for industrial land, agricultural land (agrivoltaics), and residential rooftops.
Advanced O&M & Monitoring – IoT/SCADA-enabled monitoring for real-time performance, preventive maintenance, and uptime optimization.
End-to-End Support – From design and installation to financing advice, PPAs, and subsidy management for commercial projects.
Cost of Land for Solar Plant in Goa
Understanding land costs is essential for planning a solar farm:
Land Requirement: 4–5 acres per MW.
Average Land Cost: ₹8 lakh – ₹30 lakh per acre (varies by district and proximity to substations).
Lease Opportunities: Farmers can earn ₹25,000–₹50,000 per acre annually by leasing land for solar farm leasing in Goa.
Solar Energy Farm Cost in Goa
The total investment depends on technology, land, and grid connectivity. A per MW cost breakdown is as follows:
Component | Approx. Cost (₹) | % of Total |
Solar Panels & Inverters | 2.2 – 2.5 crore | 50–55% |
Civil & Electrical Works | 0.8 – 1.0 crore | 20–25% |
Transmission & Grid Connectivity | 0.4 – 0.6 crore | 10–12% |
Land Cost (4–5 acres) | 0.32 – 1.0 crore | 5–15% |
O&M & Miscellaneous | 0.2 – 0.3 crore | 5–8% |
Commercial Solar Farm Subsidy in Goa
Although utility-scale subsidies are limited, there are several incentives:
- Government Incentives: Subsidies for rooftop solar up to 3 kW.
- Tax Benefits: Accelerated depreciation for commercial solar projects.
- PPA Opportunities: Long-term power purchase agreements with DISCOMs or private industries.
Solar Farm ROI in Goa
A well-planned solar farm in Goa can deliver strong returns:
- Annual Energy Output: 15–16 lakh units per MW.
- Annual Revenue: ₹85 lakh – ₹1 crore per MW.
- Payback Period: 4–6 years.
- Internal Rate of Return (IRR): 12–16%.
- Long-Term Stability: 25+ years of plant life ensures consistent profits.
Solar Plant on Agricultural Land
Goa farmers can leverage their land for solar power:
- Dual-Use (Agrivoltaics): Combine farming with solar panels to earn double income.
- Leasing: Earn ₹25,000–₹50,000 per acre annually without investment.
- Government Support: Set up small plants with subsidies and sell excess electricity to the grid.
Solar Business Plan for Goa
Starting a solar farm in Goa involves a structured business approach:
- Conduct a feasibility study for solar potential and grid access.
- Secure land or lease arrangements for 4–5 acres per MW.
- Partner with a trusted solar EPC company in Goa for design and installation.
- Arrange financing through CAPEX, OPEX/BOOT, or bank loans.
- Sign PPAs with DISCOMs or private buyers for steady revenue.
- Commission and maintain the plant with IoT/SCADA monitoring.
Future of Solar Farm in Goa
Goa is gradually expanding its renewable energy footprint:
Hybrid projects combining solar and storage for round-the-clock power.
Encouraging commercial solar farm projects for industries and hotels.
Opportunities for solar farm leasing in Goa for farmers and landowners.
Potential for small-scale residential solar farms on rooftops.
Why Choose Us for Solar Farm Installation in Goa
Trusted EPC Contractor – Years of experience delivering turnkey projects.
Commercial & Residential Expertise – Solutions for both commercial solar farms in Goa and small residential setups.
End-to-End Services – From feasibility and design to installation, financing, and O&M.
Government Approvals – Smooth clearance from BREDA, BSPHCL, and local authorities.
ROI-Focused Approach – Stable revenue, payback in 4–6 years, and 25+ years of plant life.
Advanced Monitoring – IoT/SCADA-enabled systems to maximize performance.
Sustainability Commitment – Contributing to Goa’s renewable energy goals and reducing carbon footprint.
FAQs – Solar Farm in Goa
How much does a 1 MW solar farm cost in Goa?
Approximately ₹4–₹5 crore per MW, including panels, inverters, civil works, and grid connectivity.
Can agricultural land be used for solar farms in Goa?
Yes. Farmers can lease land or install agrivoltaic systems to combine farming with solar energy.
Are there subsidies for solar farms in Goa?
Subsidies are primarily for rooftop solar systems up to 3 kW. Utility-scale projects rely on PPAs, leasing, and tax incentives.
What is the expected ROI for solar farms in Goa?
Typical ROI is 12–16% IRR with a payback period of 4–6 years.
Which areas in Goa are best for solar farms?
High-potential districts include North Goa, South Goa, and industrial areas near Panaji and Vasco da Gama.