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You are here: Home / Memorandum of association / Essential Main Objects for Renewable Energy and Solar Power: A Comprehensive Guide

Essential Main Objects for Renewable Energy and Solar Power: A Comprehensive Guide

Last modified on October 24, 2024 by CA Bigyan Kumar Mishra

As the renewable energy sector continues to grow, defining the main objects in your Memorandum of Association (MOA) is crucial for any business in this field. These objects outline the scope of your operations and ensure compliance with legal requirements. Whether you are in the process of forming your company or updating your existing MOA, the following sample main objects can serve as valuable references.

Sample 1: Comprehensive Renewable Energy Solutions

To engage in all aspects of the business, including the manufacturing, design, development, improvement, and invention of renewable energy modules, cells, and accessories. This includes conducting research, trading, buying, selling, wholesaling, retailing, distributing, importing, exporting, assembling, fabricating, repairing, maintaining, altering, and operating solar power projects and hybrid systems that combine solar photovoltaic technology with other forms of renewable energy. The company will also be involved in related articles, products, by-products, and technologies applicable to solar power for various uses, including lighting, heating, communication (including telecommunications), industrial applications, agriculture, government, and defense.

Sample 2: Consulting and Technical Services in Renewable Energy

To act as principals, agents, contractors, lessors, and consultants, providing technical, administrative, and financial services related to all kinds of renewable energy modules and systems. This includes, but is not limited to, solar photovoltaic systems, modules, cells, accessories, solar power projects, and hybrid systems that integrate solar photovoltaic technology with other renewable energy sources. The company will also engage in activities connected with the application of solar power for various purposes, including industrial, domestic, agricultural, governmental, and defense-related uses.

We hope these sample main objects assist you in drafting your renewable energy and solar power business’s MOA. If you have any questions or require further guidance, please feel free to reach out!

Categories: Memorandum of association

About the Author

CA. Bigyan Kumar Mishra is a fellow member of the Institute of Chartered Accountants of India.He writes about personal finance, income tax, goods and services tax (GST), stock market, company law and other topics on finance. Follow him on facebook or instagram or twitter.

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