Orb Energy: Making Solar Adoption Affordable with Innovative Financing Solutions

Wiki Article

Established in 2006, Orb Energy is a leading provider of solar energy solutions in India, committed to making solar power accessible and affordable for residential, commercial, and industrial customers. One of the key challenges for solar adoption has been the high initial investment cost, and Orb Energy has successfully tackled this issue by offering flexible and innovative financing options.

In-House Financing Solutions: Empowering Customers with Easy Payment Options

To make the transition to solar power seamless, Orb Energy provides an in-house financing facility with the following benefits:

Zero Down Payment: Customers can install solar panels without any initial financial burden.

Zero Collateral: No security or collateral is required, making it easier for businesses and individuals to avail financing.

Flexible Loan Tenures: Loan repayment periods extend up to 5 years, ensuring affordable and manageable monthly installments.

This financing model is designed in such a way that monthly savings on electricity bills often exceed the loan's Equated Monthly Installments (EMIs), making solar adoption both economically viable and cash-flow positive.

Partnership with State Bank of India (SBI): Expanding Access to Solar Financing

In a strategic collaboration, Orb Energy has partnered with the State Bank of India (SBI) under the Surya Shakti Solar Finance Scheme to provide attractive loan options for different customer segments:

For Commercial and Industrial Customers: Loans up to ₹10 crores, with a minimum down

payment of 20% and extended repayment tenures.

For Residential Customers: Loans up to solar finance ₹10 lakhs for rooftop solar installations.

This initiative is aimed at accelerating the adoption of rooftop solar systems by providing customized financial solutions, enabling businesses and homeowners to benefit from clean energy.

Milestone Achievements: ₹300 Crores in Solar Financing Disbursements

With a vision to make solar energy more accessible, Orb Energy has successfully disbursed over ₹300 crores in financing through its in-house solar finance facility. This milestone highlights the company’s dedication to helping small and medium enterprises (SMEs) overcome financial hurdles and embrace renewable energy solutions.

Customer Testimonials: Real Stories of Solar Success

Many businesses have benefitted from Orb Energy’s hassle-free financing solutions. Here’s what some of them have to say:

✔ Anand C Kunder, Chairman of Janatha Fish Meal, Udupi:

"Orb’s collateral-free solar loan helped us expand our solar installation. I recommend all companies use this facility to install solar."

✔ Vijesh Saigal, MD of AVN Saigal Group:

"Orb’s collateral-free solar loan helped us make the switch to solar quickly. Paying through EMIs is a big advantage for SMEs."

These testimonials reflect the tangible impact of Orb Energy’s financing options in making solar energy an affordable reality for businesses.

Contact Orb Energy Today

For more details on solar financing and to explore how you can reduce electricity costs while contributing to a greener future, reach out to Orb Energy:

???? Toll-Free Phone: 1800 121 2282

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???? Website: www.orbenergy.com

Invest in Solar, Save More, and Secure a Sustainable Future with Orb Energy!