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.
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.
Author: PPD Team Date: December 16, 2024 Ambuja Cements has commissioned its 200 MW solar power project in Khavda, Gujarat, with transmission starting on December 12, 2024. The remaining 806 MW capacity is under various commissioning stages and is expected to be operational between March and June 2025. This project is projected to reduce power costs by 70 per cent compared to current rates. The company has received standing clearance for the 200 MW from…
Author: PPD Team Date: January 27, 2025 Jyoti Structures secures Rs 7,412.8 million PGCIL contract for HVDC line Jyoti Structures Limited won a contract worth Rs 7,412.8 million from Power Grid Corporation of India Limited (PGCIL) for Transmission Line package TL01 for 800 kV high voltage direct current (HVDC) Bipole Line (Hexa Lapwing) between KPS2 (HVDC) and Nagpur (HVDC) (with dedicated metallic return) – Part-1 for the Transmission System for Evacuation of Power from potential…
Author: PPD Team Date: March 10, 2025 Schneider Electric India Private Limited and Bisleri International Private Limited have signed an agreement to develop 13.6 MW of solar power projects across four states in India. Under the agreement, Schneider Electric will install solar power systems at Bisleri’s production facilities in Maharashtra, Tamil Nadu, Karnataka, and Uttar Pradesh. This initiative aligns with ‘Bisleri’s Greener Promise’ and aims to enhance the company’s sustainability efforts. The solar installations will…
Author: PPD Team Date: September 11, 2025 Sterling and Wilson Renewable Energy Limited (SWREL) has received a letter of intent from a private power producer to execute an engineering, procurement and construction package for a 300 MW AC solar project in Rajasthan. The project will have a capacity of 420 MWp DC and include a 220/33 kV pooling substation. The contract is valued at around Rs 4.15 billion, covering operations, maintenance, and applicable taxes. In…
Author: PPD Team Date: October 13, 2025 The Punjab Energy Development Agency (PEDA) has signed a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to launch a pilot project for producing green hydrogen from biomass, specifically paddy straw. The initiative aims to reduce stubble burning, improve air quality, and create additional income opportunities for farmers. It is also expected to generate employment in the green energy sector. In July 2025, IISc…
Author: PPD Team Date: November 4, 2024 In Salzgitter, Germany, an old iron ore mine is being transformed into the Konrad repository, a facility to house Germany’s radioactive waste. The site, situated a kilometre underground, is projected to store over 300,000 cubic meters of low- and intermediate-level waste from shuttered nuclear plants. Engineers aim to encase waste in concrete to prevent radiation release, ensuring long-term containment. Set to open in the early 2030s, Konrad represents…