orb-energy

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Daily News-Wrap Up: PFC Loans ₹6.33 Billion for EV Deployment

Power Finance Corporation has approved a loan of ₹6.33 billion (~$77 million) to Gensol Engineering for the purchase of 5,000 passenger electric vehicles (EVs) and 1,000...

April 24, 2023

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Mercom Staff

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Daily Wrap-up
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Collateral-free Loan, with Low Down Payment Key to Rooftop Solar Adoption

The upfront investment can more often dissuade potential customers from adopting rooftop solar. However, the hesitation can be overcome with a collateral-free loan with...

April 21, 2023

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Gourav Mishra

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C&I

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Rooftop

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Solar
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Orb Energy Secures $20 Million to Develop 25 MW Solar Park and Rooftop Solar Projects

Orb Energy, a vertically integrated provider of solar energy solutions in India, announced it had received a $20 million follow-on loan for a tenor of up to 10 years...

October 6, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Stable, Conducive Policies and Low-Cost Finance Critical to Scale Rooftop Solar

Mercom recently held a virtual panel discussion on ‘C&I Rooftop Solar – Best Shot at Reducing Operating Expenses’ to understand how affordable and...

May 17, 2021

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Rahul Nair

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Markets & Policy

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Solar
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C&I Project (Rooftop) of the Year: Orb Energy’s Rooftop Solar Project in Karnataka

Orb Energy, a solar energy solutions company, won the award for the ‘Best C&I Project (Rooftop)’ at the recently-held Mercom India Solar Summit 2021....

April 16, 2021

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Staff

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Rooftop

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Solar
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Shell Acquires 20% Stake in Solar Solutions Provider Orb Energy

Shell’s New Energies business has acquired nearly a 20% stake in Orb Energy, a solar solutions provider. According to a press statement issued by Orb, the new investment...

October 3, 2019

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Anjana Parikh

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Finance and M&A

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Solar
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Orb Energy Raises $15 Million from FMO and OPIC

The solar firm Orb Energy has raised over $15 million (~₹954 million) in equity and debt to expand its in-house finance facility of rooftop solar projects for Small- and...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar

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