Orb Energy Passes Rs 300 Crore Milestone In Solar Financing

Bengaluru-based Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. The firm has been singularly focused on driving solar growth in the C&I sector by providing financing support as well, with a focus on rooftop solar.

As one of the few players in India managing the entire solar value chain in-house – from manufacturing and installation to in-house financing – Orb Energy has built a full-stack of solutions designed to tackle critical pain points for Indian SMEs. High upfront costs have traditionally deterred many SMEs from adopting solar energy. Orb Energy’s financing options have tried to address this barrier, making solar energy a viable solution for many SMEs and SMBs. The firm counts SHELL and Dutch development bank FMO amongst its key investors

Through its innovative financing model, businesses have been able to repay loans with tenures up to 5 years with zero collateral and zero down payment required. Once loans are repaid, clients enjoy free electricity, backed by solar panels that come with a 25-year warranty.

To date, Orb Energy has successfully deployed approximately 350 MW of solar PV installations across India, with a particularly strong presence in the south and west regions.

Damian Miller, Co-founder & CEO of Orb Energy, said: “Financing has long been a major roadblock for MSMEs and SMEs in India when it comes to adopting solar energy. At Orb Energy, we’ve tailored our financing solutions to specifically address this challenge, enabling businesses to overcome upfront cost barriers with a zero collateral and zero down payment financial product. By making solar adoption accessible, we are not only helping them transition to cleaner energy but also making their operations more cost-effective and competitive in their respective industries. Over time, the savings from reduced electricity expenses significantly enhances their profitability, creating long-term financial and environmental value.”

Looking ahead, Orb Energy aims to disburse an additional ₹1,000 crore over the next three years, further strengthening its position as the only solar manufacturer with in-house finance for the SME sector.