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 highlights the company’s efforts to address energy challenges faced by Indian micro, small, and medium enterprises (MSMEs) and small- and medium-sized businesses (SMBs), enabling their transition to solar energy.
High upfront costs have traditionally hindered solar adoption among SMEs, but Orb Energy’s accessible financing options have removed these barriers. The company aims to disburse an additional Rs 10 billion over the next three years, further cementing its role as a key player in making solar adoption accessible 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.
