MYSUN, a leading solar rooftop company in India, has announced that it has successfully commissioned a rooftop solar plant in Rajasthan for a reputed textile company. Located in Bhilwara, the firm claims the 1.75 MW solar power project is an amalgamation of clean aesthetics with advanced solar technology. The solar plant will help the company save approximately Rs 1.9 crores every year on their power bills.
With this plant, MYSUN has consolidated its leading position in Rajasthan for rooftop solar solutions, the company stated.
According to the press statement, the plant uses top of the line solar equipment to ensure durability and a long lifespan. The rooftop solar plant has the installation of a waterless Robot Cleaning Mechanism which makes it one of its kind projects in the state. The cutting-edge technology is capable of cleaning solar modules without the use of water and manual involvement. It is a cost-effective method that helps in the elimination of water cost, manpower cost and the cost of high electricity generation on regular manual cleaning, which only enhances the benefits of going solar.
Gagan Vermani, Founder and CEO, MYSUN said, “we are happy to commission one more rooftop solar plant in the most famous ‘textile city’ in Rajasthan. It is estimated to save approx. INR 62 crores for the client over 25 years. Considering the present economic scenario, this saving is very significant and will help the business immensely. We are actively working with several such SMEs/MSME’s across India to help business owners save capital that can be used for the sustenance and growth of businesses.”
The firm is one of the largest online rooftop solar platforms in India with approximately 100,000 registered Rooftops. With the vision to make solar energy access easy and reliable for the consumers, the company is rapidly expanding in geography. The company’s in-house financing products specifically cater to the unique solar financing needs of SMEs/ MSMEs and individuals while its asset-ownership or PPA model caters to the solar energy needs of large industries, corporate and institutes.
“Most of the organisations, SMEs to big players have a decent space for a rooftop solar solution. It can be leveraged to optimise energy costs that have a significant impact on the business bottom line. The adoption of power generation through renewable technologies are being adopted by businesses in every shape; factories, warehousing, logistic industries. Switching to solar will help in cutting down the country’s carbon footprints and the recurring cost of electricity,” Vermani added.
The company had only recently completed its second funding round from its existing investors in a structured equity deal as a part of its Pre-Series A round. The company is using the capital to further improve its technology infrastructure, scale up the service offerings, and expand to newer geographies, both in India and globally.