Orb Energy Surpasses ₹300 Crores in Disbursements from its In-House Finance Facility for SMEs to Adopt Solar Energy Solutions – EQ
Bengaluru – Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. This achievement underscores the company’s dedication to addressing the energy challenges faced by Indian enterprises, particularly MSMEs and SMBs, while enabling them to transition to cost-effective solar energy solutions.
As one of the few players in India managing the entire solar value chain in-house – from manufacturing and installation to in-house financing – Orb Energy has built a full-stack of solutions designed to tackle critical pain points for Indian SMEs. High upfront costs have traditionally deterred many SMEs from adopting solar energy. Orb Energy’s accessible financing options have directly addressed this barrier, making solar energy a viable solution for SMEs and SMBs.
Through its innovative financing model, businesses have been able to repay loans with tenures up to 5 years with zero collateral and zero down payment required. Once loans are repaid, clients enjoy decades of free electricity, backed by solar panels that come with a 25-year warranty.
The company’s focus on making solar adoption accessible has driven remarkable growth. To date, Orb Energy has successfully deployed approximately 350 MW of solar PV installations across India, with a particularly strong presence in the south and west regions.
Damian Miller, Co-founder & CEO of Orb Energy, said: “Financing has long been a major roadblock for MSMEs and SMEs in India when it comes to adopting solar energy. At Orb Energy, we’ve tailored our financing solutions to specifically address this challenge, enabling businesses to overcome upfront cost barriers with a zero collateral and zero down payment financial product. By making solar adoption accessible, we are not only helping them transition to cleaner energy but also making their operations more cost-effective and competitive in their respective industries. Over time, the savings from reduced electricity expenses significantly enhances their profitability, creating long-term financial and environmental value.”
Looking ahead, Orb Energy aims to disburse an additional ₹1,000 crore over the next three years, further strengthening its position as the only solar manufacturer with in-house finance for the SME sector. The company is committed to empowering Indian businesses to lower operational costs, embrace sustainability, and contribute to the country’s renewable energy goals.
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About Orb Energy:
Orb Energy was founded in 2006 with the mission to make solar energy affordable, accessible, and hassle-free to customers looking for a clean energy alternative. To deliver on our mission we have evolved into a vertically integrated solar company that manufactures its own range of solar panels, designs, installs, and services complete systems, and finances C&I customers. We control the process end to end to give our customers the experience that they seek. By taking this approach we have emerged as one of the top 5 rooftop solar companies in India, and are now making our presence felt in the ground-mounted solar energy market as well. Orb Energy is headquartered in Bengaluru, India, and has roughly 250 employees. We also have a subsidiary in Kenya, addressing the rooftop solar market in Africa.
