Apollo Solar, the leading US-based provider of off-grid solar power systems, has announced an agreement with Green Power Leasing (GPL) to enable MNOs, towercos and ESCOs to lease solar power systems. GPL offers Apollo Solar Power Systems to qualified companies with a financial leasing package that offers the economic benefits of eliminating the high capex and locking in operating costs for the term of the lease.
GPL establishes a monthly lease payment that is lower than the current monthly cost of the diesel generated power. The flat monthly payment relieves the carrier or tower operator from the increases in diesel cost, fuel transportation, diesel maintenance and fuel theft.
