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MSMEs

MSMEs can contribute 16 GW in meeting solar target

The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.

India added 883 MW of rooftop solar in nine months despite Covid-19

With 380 MW of generation capacity, Gujarat accounted for 43% of new rooftop solar installations during the January-to-September period.

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Self-assessment tool for renewable energy action

The Portal for Renewable Energy Action Assessment Metrics is an online rating system which enables businesses to self-assess their renewable energy consumption.

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DISCOM reforms, access to finance key to solar uptake

Power distribution reforms and scaling up of solar adoption among MSMEs through captive renewable energy policy and comprehensive Credit Guarantee Mechanism are among measures expected from the budget.

U GRO Capital, Sunvest Capital to co-lend Rs 200 million to MSMEs for rooftop solar

The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.

Closing the information gap will drive rooftop solar, says Freyr Energy

Up to 70% of prospective customers have shied away from owning a rooftop solar system due to lack of readily available information on how to assess various solar options, says Saurabh Marda, co-founder and managing director of Freyr Energy – a Hyderabad-based rooftop solar firm that has completed over 1200 installations in just 5 years since inception in 2014.

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US investor Encourage Capital raises $40 million to fund rooftop solar for Indian MSMEs

The US-based impact investor will invest in specialized financial institutions in India that can develop and scale commercial rooftop solar finance solutions, serving an estimated US$ 9 billion market opportunity.

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