Orb Energy surpasses Rs 3 billion in financing for MSMEs’ solar transition
Author: PPD Team Date: January 15, 2025
Author: PPD Team Date: January 15, 2025
Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility.Â
This milestone underscores the company’s commitment to enabling Indian micro, small, and medium enterprises (MSMEs) and small- and medium-sized businesses (SMBs) to transition to solar energy.
Orb Energy’s financing solutions address the high upfront costs that often deter solar adoption among SMEs. The company aims to disburse an additional Rs 10 billion over the next three years, further driving solar accessibility for Indian SMEs.
In June 2024, Orb Energy partnered with the State Bank of India under the Surya Shakti Solar Finance scheme to provide improved financing options for rooftop solar installations for residential, commercial, and industrial consumers.
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