Contributor Exit Policy
Fair, transparent, and flexible exit options for your solar contributions
Version: Detailed Policy |Last Updated: January 2025
Overview
Solar Capital empowers individuals to participate in rooftop solar ownership digitally, starting from just ₹999. We understand that circumstances and priorities change, which is why we offer a structured, fair, and transparent exit process for all contributors.
This document outlines the full procedure, timelines, financial implications, and conditions involved in exiting your contribution to a solar project.
1. Eligibility for Exit
Minimum Holding Period
Contributors must hold their solar unit(s) for a minimum of 3 months from the date of allocation before initiating an exit request.
Eligible Participants
Only the original contributor (verified account holder) or an authorized transferee can initiate the exit process.
Project Status
The project in which your funds are allocated must be operational(i.e., generating power) for the exit to proceed.
2. Exit Methods
A. Peer-to-Peer Transfer
(Default Mode)- Contributors can list their solar unit(s) on the internal Solar Capital Transfer Marketplace.
- Interested buyers can view available units, performance data, and tenure before making a purchase.
- Upon successful transfer, the buyer assumes full ownership and future Green Credit earnings.
- The seller receives the resale value (minus depreciation) directly in their linked bank account or wallet.
B. Buyback Program
(Subject to Availability)In select cases, Solar Capital may offer a limited buyback pool, where contributors can request early redemption.
Priority is given to:
- • Long-term contributors
- • Contributors seeking partial exits
- • Emergency withdrawal cases (subject to verification)
Approval is not guaranteed and depends on availability of liquidity, demand, and internal fund cycles.
3. Depreciation & Resale Value
To reflect the aging of installed infrastructure and fair lifecycle costing, a 2% annual depreciation is applied on the initial investment.
Formula:
Note: Depreciation is calculated on a pro-rata basis for partial years (e.g., 1 year and 6 months = 3%).
4. Green Credit Settlement
Credit Transfer
Green Credits accrued until the month of exit will be credited to your wallet or account within 10 working days of the transaction.
No Retrospective Transfer
Credits will not transfer to the buyer retrospectively.
Tax Documentation
Tax documents (if applicable) will be issued at the end of the financial year.
7. Exit Process Timeline
| Step | Action | Duration |
|---|---|---|
1 | Initiate Exit Request via Dashboard | Instant |
2 | Identity Verification & KYC check | 1–2 business days |
3 | Buyer Match or Buyback Eligibility | 3–5 business days |
4 | Transfer Execution & Final Settlement | Within 10 business days |
6. Restrictions & Limitations
Contributors cannot exit if the project is:
- Under installation
- In a hold/delay status
- Under regulatory or legal review
Partial exits (i.e., exiting part of your stake) are permitted only if multiple units were purchased.
8. Support & Queries
If you need assistance, we're here to help.
🆘 24/7 Exit Support Available
9. Legal & Compliance Notes
• All transactions are governed under the Solar Capital User Participation Agreement.
• Contributors must comply with all KYC, tax, and digital asset transfer regulations.
• Depreciation and credit rules are subject to change with prior notice and transparency.