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GOLDI SOLAR TIES UP WITH YES BANK TO FINANCE SOLAR PROJECTS FOR MSME CUSTOMERS – EQ Mag

GOLDI SOLAR TIES UP WITH YES BANK TO FINANCE SOLAR PROJECTS FOR MSME CUSTOMERS – EQ Mag

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Surat, India : Goldi Solar, India’s most quality-conscious solar brand, has partnered with YES BANK to finance solar projects for its Micro, Small and Medium Enterprises (MSME) customers, through YES BANK’s YES KIRAN programme. Under this programme, the Bank will offer financial assistance to MSME manufacturers, who wish to install solar panels at their premises.

The platform will process all the loan applications for solar projects sourced from across the country for installation by business entities such as commercial institutions, industries, resorts, hotels, manufacturing units, and warehouses that can utilize this secured financing instrument to switch to solar power. Also, consumers can receive technical assistance at their doorstep and get loan approvals faster.

Speaking on the partnership, Capt. Ishver Dholakiya, Founder & Managing Director of GoldiSolar, said,”Over the past few years, we’ve seen a significant behaviour shift in the Indian MSMEs towards green energy solutions. We anticipate that more small businesses will adopt solar power, increasing their competitiveness in domestic and international markets and contributing to India’s energy security and the decarbonization of power. With our partnership with Yes Bank, we’re excited to offer a financing solution to help MSMEs save on electricity costs and improve access to green energy.”

Bharat Bhut, Co-Founder and Director of Goldi Solar, stated, “Borrowers can use a digital platform to process a seamless application for their solar project loans. Through the Solar Finance Scheme, consumers from MSME industries can obtain loans of up to INR 30 million. Our partner, Yes Bank, will provide end-to-end service and hassle-free journey to the loan applicants to finance solar projects.”

About Goldi Solar

Goldi Solar is India’s most quality-conscious solar brand. The company manufactures high-end photovoltaic modules at a competitive price and provides EPC services. Founded in 2011, headquartered in Surat, Gujarat, exporting to several international brands in 20+ countries. We have two facilities consolidating a manufacturing capacity of 2.5 GW at Pipodara and Navsari in Gujarat. Goldi is listed under all major certifications for both domestic and international markets.

Anand Gupta Editor - EQ Int'l Media Network