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Orb Energy

Shell acquires 20% stake in Orb Energy

The fossil fuel giant, like many of its global peers, is making inroads into renewable energy activity and has invested an unspecified amount in becoming a significant shareholder in a business which installs rooftop PV systems for commercial and industrial clients.

Interview: Damian Miller, CEO of rooftop solar supplier Orb Energy

Founded in 2006, Bengaluru-based Orb is a rooftop solar provider that manufactures panels and provides finance for SMEs through a collateral-free loan that matches the payback period for its solar systems. Orb has sold more than 160,000 units in India, with cumulative installations of around 65 MW of PV rooftop capacity.

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Orb Energy begins third phase of one of India’s largest multi-site PV rooftops

The solar manufacturer is installing three rooftop systems in Karnataka and Tamil Nadu for polypropylene woven fabric maker Klene Paks. The units will have a cumulative capacity of 7.63 MW.

Orb Energy to double panel manufacturing, raise $55 million

Bangalore-based Orb Energy is gearing up to double its solar PV panel manufacturing capacity from 60 MW to 120 MW, and aims raise US$55 million by the first quarter of 2019.

Philips, Orb Energy lighten Barefoot College in Rajasthan

New 116 kW solar off-grid system will power the old Tilonia campus of the Barefoot College – working in various fields, including women empowerment, for the advance of rural communities through solar power.

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Orb Energy raises over $15 million for rooftop solar

The investments from Netherlands-based FMO and the U.S.’s OPIC will help to grow the company’s platform in India, which finances rooftop solar for SMEs. Orb Energy will also expand its Kenyan operations.

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