Orb Energy, a vertically integrated solar energy solutions provider, has crossed ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility.
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.”
Founded in 2006 by Damian Miller and NP Ramesh, Orb Energy is a vertically integrated solar energy solutions provider – including manufacturing solar photovoltaic panels in Bengaluru and financing SME customers.
Orb Energy manages 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.
Orb Energy specialises in photovoltaic systems for rooftop and ground-mounted applications. Orb Energy also has a subsidiary in Kenya serving the African solar market.
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.
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.
