Ecofy has partnered with Tata Power Solar Systems Ltd to help finance solar solutions like solar rooftops, EPC services, and other innovative solar products for new-age customers that are consciously adopting sustainable and natural modes of energy.
Ecofy will make rooftop solar financing affordable by lending to individuals and small businesses that are willing to procure various state-of-the-art solar services from the nation’s leading solar energy pioneers. Additionally, Ecofy will establish 1500+ installations and reach out to 400+ dealers, distributors, households, commercial spaces, and industries in seven states namely Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Karnataka, Telangana and Goa.
Speaking on the occasion, Govind Sankaranarayanan, Co-Founder & COO of Ecofy, said that the current capacity of rooftop solar stands at approximately 9 GW, projected to grow at a 15% CAGR over the next five years. Given the thriving solar rooftop market and the government’s robust backing for sustainable energy adoption, this partnership is set to have a substantial impact, he added.
This alliance is expected to strengthen the adoption of clean energy throughout the country. It will also pave the way for a smooth transition to solar energy hence contributing to the vision of a net zero-carbon nation.