BOO Model (Build Own Operate Model) – Definition, Glossary, Details – Solar Mango

Build Own Operate (BOO) business model  allows a system provider to install a system on the customer’s premises and sell the power to the customer. In this arrangement, the system provider would bear the capital expenditure for the solar unit, provided the customer fulfils certain criteria and enters into a power purchase agreement (anywhere between 5-25 years) with the system provider. By going through this business model, the requirement of high initial capital investment can be avoided.