With 350 MW of installations to date, the company plans to disburse ₹1,000 crore more over the next three years, driving sustainability and cost savings for businesses across India.
Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing ₹300 crore in financing disbursements through its innovative in-house finance facility. This unique offering, which requires zero collateral and zero down payment, is tailored to support Indian small and medium enterprises (SMEs) in adopting cost-effective solar energy solutions.
The company’s comprehensive approach, which includes manufacturing, installation, and financing, positions it among the few players in India managing the entire solar value chain internally. The company has strategically addressed the high upfront costs that often deter SMEs from transitioning to solar energy, offering accessible financing models that ease this adoption barrier.
Under its financing scheme, businesses can repay loans over up to five years, with no collateral or upfront payment required. Once the loan is cleared, companies benefit from decades of free electricity, supported by solar panels with a 25-year warranty. This model has not only enhanced affordability but also positioned solar as a practical and sustainable energy solution for SMEs.
To date, the company has deployed around 350 MW of solar photovoltaic (PV) installations across India, with a strong presence in southern and western regions. The company’s efforts have played a vital role in helping Indian SMEs reduce operational costs and adopt environmentally friendly energy sources.
Damian Miller, Co-founder and CEO of Orb Energy, highlighted the importance of their financing solutions: “Financing is a major hurdle for Indian SMEs in adopting solar energy. By eliminating upfront costs with our zero collateral and zero down payment model, we enable businesses to transition to solar energy while significantly reducing their electricity expenses. This not only boosts profitability but also supports long-term sustainability.”
