Orb Energy Secures $2.5M in Seed Funding for Integrated Solar Solutions – Revolutionizing SME Financing

Orb Energy, a leading vertically integrated solar energy solutions provider, has successfully raised $2,500,000 in a recent funding round aimed at expanding its innovative offerings in the solar market. Established in 2006 in India, Orb Energy manufactures high-quality solar photovoltaic panels in Bengaluru and specializes in providing comprehensive solar solutions to small and medium enterprises (SMEs). With an impressive portfolio that encompasses residential, commercial, and industrial photovoltaic systems as well as solar water heating solutions, Orb Energy prioritizes an end-to-end integrated approach to facilitate a seamless transition to solar energy for its customers. This funding will significantly enhance Orb Energy's in-house financing capabilities for SMEs across India’s 12 states, allowing the company to further its mission of making solar energy accessible and affordable. The unique collateral-free solar loan initiative is particularly noteworthy, offering SMEs the opportunity to adopt rooftop and ground-mounted solar solutions without the usual heavy financial burden. With tenures ranging from 3-5 years and tenant structures designed so that electricity savings exceed monthly EMIs, this funding will empower even more SMEs to take advantage of solar energy's long-term financial benefits. Orb Energy's proven model leads to a swift payback period of just 3-4 years, providing businesses an attractive pathway to financial freedom and sustainable energy consumption. As the company also extends its reach to its Kenyan subsidiary, this capital injection will bolster Orb Energy’s position as a key player in the global solar landscape, underscoring its commitment to sustainability and innovation in the energy sector.