Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

15 Jan 2025 CW Team

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions.

The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India. Its in-house financing model offers repayment terms of up to five years, effectively lowering the financial barriers that often deter SMEs from adopting solar energy due to high upfront costs.

Highlighting this challenge, Co-founder and CEO Damian Miller noted that traditional financing hurdles have discouraged solar adoption among SMEs. However, Orb Energy’s approach addresses this issue, facilitating the shift to cleaner energy while reducing operational expenses. He emphasized that after loan repayment, clients benefit from years of cost-free electricity, supported by solar panels with a 25-year warranty.

Looking forward, the company intends to disburse an additional Rs 10 billion in financing over the next three years, solidifying its position as the only solar manufacturer offering in-house financing for SMEs. The initiative is part of its broader goal to help Indian businesses reduce costs, boost profitability, and support the country's renewable energy objectives.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..