Freyr Energy Eyeing to Expand Business in India and Abroad

Freyr has also launched SunPro 2.0, the upgraded version of the SunPro mobile application, to help entrepreneurs in running their solar business with ease

Hyderabad-based solar energy provider Freyr Energy is eyeing to expand its presence across the country and overseas with advanced technology. The company has successfully set up over 1,000 solar installations in the last four years and built sales network in 18 states across India.

 

Freyr Energy business

Saurabh Marda, Co-Founder, Freyr Energy, said that the company recorded a revenue of Rs 33 crore in the last financial year and a similar trend is expected in the current financial year. “20 per cent of our installations are from Telangana and Andhra Pradesh. These states are huge markets for us and one of the key markets Freyr is focusing on,” the co-founder added.

- Advertisement -

The company plans to increase their reach in Tier 2 and 3 cities in 19 states across India. It is also planning to expand its presence in Kenya, South Africa, Thailand, Vietnam, Malaysia and the Philippines.

Freyr’s SunPro app to add value

Freyr has launched SunPro 2.0, the upgraded version of the SunPro mobile application, to help entrepreneurs in running their solar business with ease. The renewed version aims to provide insights into space availability, local solar radiation and the financial requirement to identify the possible solutions for customers.

SunPro 2.0 has an inbuilt customer relationship management (CRM) and data analytics to help improve business performance. Marda said that the app would help find new ways of adding value to the users. He said, “We have CRM functionality built in now. Follow-ups are stored in the app. Data analytics is running in the background. We can indicate to users what target segment they should look at.”

Freyr has been able to acquire around 200 channel partners with the help of the app. The company said that the contribution from dealers had also shot up to 70 per cent.

- Advertisement -
Loading form…

Industry's Buzz

Micron

Micron Settles Netlist AI Patent Dispute for $600m

0
US memory giant agrees five-year licensing deal for high-bandwidth AI memory technology, ending litigation after Texas court verdicts. Computer-memory manufacturer Netlist has announced that Micron...

Astute Group Appointed Franchised Distributor for Samwha Capacitor Group

0
Strategic agreement expands Astute’s passive and magnetic component line-card ahead of Electronica 2026 in Munich. Astute Group has signed a global franchise distribution agreement with...

Waldom Highlights Supply Chain Challenges in India’s Electronic Components Market

0
Distributors face pressure to improve component availability while managing inventory costs and supply chain risks. Waldom has highlighted supply chain challenges and opportunities in India’s...
Image for representation purpose

Japanese Semiconductor Companies Expand India Presence

0
Japan’s semiconductor companies are expanding equipment, materials, technology and training ties with India as the country builds its chip manufacturing ecosystem and addresses supplier...
LG logo

LG To Supply Integrated Cockpit Electronics For Renault’s First Commercial SDV

0
LG Electronics will supply Renault’s first mass-produced commercial SDV with a unified instrument cluster and infotainment platform, helping consolidate cockpit electronics and reduce system...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...
Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...