Waaree Energies Partners with Ecofy to Accelerate Solar Rooftop Projects
POWER & RENEWABLE ENERGY

Waaree Energies Partners with Ecofy to Accelerate Solar Rooftop Projects

In a significant move towards advancing renewable energy adoption, Waaree Energies has announced a strategic partnership with Ecofy to facilitate financing solutions for the installation of solar rooftop projects. With Ecofy committing Rs 10 billion to the partnership, this collaboration not only underscores confidence in Waaree's capabilities but also showcases the immense growth potential of the renewable energy sector.

Waaree Energies, a leading player in the solar energy domain, revealed in a statement that the partnership aims to expedite the solarisation of over 10,000 rooftops, spanning households and Micro, Small & Medium Enterprises (MSMEs). This initiative is poised to contribute significantly to India's renewable energy goals while simultaneously empowering individual households and small businesses to embrace sustainable energy solutions.

Commenting on the collaboration, representatives from Waaree Energies emphasized the importance of strategic partnerships in driving the adoption of renewable energy technologies. They highlighted Ecofy's commitment as a testament to the confidence in Waaree's expertise and the broader potential for renewable energy to reshape India's energy landscape.

The infusion of Rs 10 billion from Ecofy into the partnership underscores the financial backing necessary to propel solar rooftop projects forward. This investment not only facilitates the initial installation of solar panels but also paves the way for long-term sustainability by enabling households and MSMEs to harness clean energy and reduce their carbon footprint.

As India continues its journey towards achieving ambitious renewable energy targets, partnerships like the one between Waaree Energies and Ecofy play a pivotal role in driving innovation, accessibility, and affordability in the sector. By combining technological expertise with financial support, such collaborations are poised to unlock new opportunities for sustainable growth while ushering in a brighter, cleaner future for generations to come.

In a significant move towards advancing renewable energy adoption, Waaree Energies has announced a strategic partnership with Ecofy to facilitate financing solutions for the installation of solar rooftop projects. With Ecofy committing Rs 10 billion to the partnership, this collaboration not only underscores confidence in Waaree's capabilities but also showcases the immense growth potential of the renewable energy sector. Waaree Energies, a leading player in the solar energy domain, revealed in a statement that the partnership aims to expedite the solarisation of over 10,000 rooftops, spanning households and Micro, Small & Medium Enterprises (MSMEs). This initiative is poised to contribute significantly to India's renewable energy goals while simultaneously empowering individual households and small businesses to embrace sustainable energy solutions. Commenting on the collaboration, representatives from Waaree Energies emphasized the importance of strategic partnerships in driving the adoption of renewable energy technologies. They highlighted Ecofy's commitment as a testament to the confidence in Waaree's expertise and the broader potential for renewable energy to reshape India's energy landscape. The infusion of Rs 10 billion from Ecofy into the partnership underscores the financial backing necessary to propel solar rooftop projects forward. This investment not only facilitates the initial installation of solar panels but also paves the way for long-term sustainability by enabling households and MSMEs to harness clean energy and reduce their carbon footprint. As India continues its journey towards achieving ambitious renewable energy targets, partnerships like the one between Waaree Energies and Ecofy play a pivotal role in driving innovation, accessibility, and affordability in the sector. By combining technological expertise with financial support, such collaborations are poised to unlock new opportunities for sustainable growth while ushering in a brighter, cleaner future for generations to come.

Next Story
Equipment

Kobelco CE India Marks Milestone with 20,000th Excavator

Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co., has reached a significant production milestone by rolling out its 20,000th excavator at its manufacturing plant in Sri City, Andhra Pradesh. This facility serves both domestic and international markets, reinforcing India’s role as a key production center for Kobelco.Takemichi Hirakawa, Managing Director & CEO, Kobelco Construction Equipment India, said, ""Reaching the 20,000th excavator production milestone reflects our commitment to delivering high-quality construction equipment...

Next Story
Infrastructure Transport

Cabinet Approves Highway from JNPA to Chowk in Maharashtra

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the construction of a 6-lane access-controlled Greenfield High-Speed National Highway from JNPA Port (Pagote) to Chowk in Maharashtra. The 29.219 km project will be developed on a Build, Operate, and Transfer (BOT) toll model at an estimated cost of Rs 45 billion. As part of the PM Gati Shakti National Master Plan, the project aims to enhance road connectivity to major ports, addressing increasing container traffic at JNPA and the upcoming Navi Mumbai International Airport. Currently, heavy co..

Next Story
Infrastructure Urban

Effective Implementation of MGNREGA in the Last Decade

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), enacted in 2005, aims to enhance livelihood security in rural areas by guaranteeing at least 100 days of wage employment per year to willing adult members of rural households performing unskilled manual labour. Over the years, the government has significantly increased budget allocations for the scheme. From Rs 113 billion in 2006-07, the allocation rose to Rs 330 billion in 2013-14 and reached a record Rs 860 billion in 2024-25. During the COVID-19 pandemic in 2020-21, the government spent Rs 1,110 billion under MGNREG..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?