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12:36 PM   [08 May 2019 | Wednesday]

Factors to Choose The Right LED Street Lights Manufacturers

In the past, the lack of available funds to pay for the initial cost of converting to LED technology has been a major obstacle to launching large projects. However, in many regions, the range of options for obtaining the necessary funds has increased. The central government is more concerned about the need to implement projects that reduce both greenhouse gas emissions and urban renewal, which has led to new sources of government funding. In addition, structures involving private financing, including potential energy companies or Led street lights Manufacturers(CLASSIC), have been further developed. There are a number of potential financial and business models available for implementing LED lighting. The most appropriate choice depends on the following factors:

1. Financial constraints of the purchaser, especially in terms of upfront cost financing

2. Required risk allocation

3. Expected scale of installation

4. Availability of third-party financing in the local market

5. Internal buyer's capabilities and resources

6. Installation time schedule required

7. Local regulatory factors

8. Track product deliverable records in the region

9. What is the development of PPP/ESCo and leasing arrangements in the country.

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