Orb Energy, a vertically integrated provider of solar energy solutions in India, has raised a $20 million follow-on loan from United States International Development Finance Corporation (DFC) to support its in-house financing facility for rooftop and ground mounted solar customers in India. The Bengaluru-based firm had received its first loan of $10 million from the […]
Orb Energy Secures Follow-On Funding from US Development Finance Institution, DFC – EQ Mag Pro
Orb Energy receives the first tranche of DFC’s most recent loan of $20 million USD for its Unique In-House Finance Facility for Rooftop and Ground-Mounted Solar BANGALORE, INDIA : Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United […]
Orb Energy Installed a 150 KW Solar Power System at Rice Mill in Karnataka
Orb Energy is supporting the rice mill industry in India & helping them cut their electricity bills and power rice production with clean, solar energy. Mahaveer Rice Mill, in TNarasipura, Karnataka installed a 150 kilowatt rooftop solar system from Orb Energy. They also purchased our O&M service package to maximise their system performance! About Orb […]
Orb Energy Installed 200 kW Rooftop Solar System in Mangalore, Karnataka
Orb’s 200 kilowatt rooftop solar system installed for Bharath Auto Cars, in Mangalore, Karnataka Rooftop solar systems are increasingly becoming an essential part of any automobile showroom to slash high electricity bills. Orb’s 200 kilowatt rooftop solar system installed for Bharath Auto Cars, in Mangalore, Karnataka now helps reduce their monthly electricity bill by up […]
FMO to invest more in Shell-backed solar power firm Orb Energy
Dutch development bank FMO has proposed an additional equity investment of €1 million ($1.11 million or Rs 7.91 crore) in Orb Energy Pte. Ltd, a solar photovoltaic and solar thermal solutions provider. FMO said in a disclosure it intends to purchase the equity stake from an early-stage impact investor in Orb. This will give FMO […]
Orb Energy secures Shell investment in latest funding round
Fresh funds will help fuel the growth of Orb Energy’s in-house finance facility for more Indian small and medium-sized enterprises (SMEs) to benefit from solar power BANGALORE, INDIA: Orb Energy, a leading provider of solar energy solutions in India, announced today that Shell’s New Energies business* has acquired an almost 20% stake in the firm […]
List of top 15 solar energy startups, helping India transition to sustainable energy sources
The world is quickly moving towards renewable energy as the pollution levels soar across the world and global warming threatens the planet’s ecosystem. Various measures have been taken by governments across the world to help the transition to clean and renewable sources of energy. Solar energy is invariably one of the most underutilised clean and […]
Orb Energy commences installation of third phase of Klene Pak’s 7.63 megawatt rooftop solar system – one of India’s largest multi-site rooftop solar installations
Klene Paks is India’s largest manufacturer and exporter of fertilizer bags, and expects to save more than INR 6.5 crores per annum with payback in less than 3 years BANGALORE, INDIA: Orb Energy (“Orb”) today announced that it is in the process of completing phase three of a cumulative 7.63 megawatt (MW) rooftop solar […]