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
Infrastructure Energy

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Next Story
Infrastructure Energy

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

Next Story
Infrastructure Energy

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?