Orb Energy
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Orb Energy

https://www.orbenergy.com/
Last activity: 26.03.2024
Categories: WaterTechServiceManufacturingInstallationIndustryFinTechFacilityEnergyTechCommerceBusiness
Orb Energy is a vertically integrated solar energy solutions provider - including manufacturing solar photovoltaic panels in Bengaluru and financing SME customers. Established in 2006 in India, we specialise in photovoltaic systems for rooftop and ground mounted applications. Orb Energy also has a subsidiary in Kenya serving the African solar market. Our product portfolio includes residential, commercial and industrial solar photovoltaic and solar water heating solutions. Orb's USP remains its end-to-end integrated approach to helping customers transition to solar energy – including manufacturing, system design, sales consultancy, installation, after-sales service, government liaison for connection, to in-house finance. The 400+ strong team is spread across 9 states of India - Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Delhi NCR, Punjab, Haryana and Madhya Pradesh – where Orb is particularly strong in working with SMEs. We are unique in offering an in-house credit facility for SMEs. Our collateral-free solar loans, with 3-5 year tenures, enable SMEs to quickly adopt rooftop and ground mounted solar solutions. The financing facility is designed to allow financial freedom - including zero down payment options, and designed such that electricity savings from solar are greater than the monthly EMI. Rooftop solar has a payback of just 3-4 years, so once the loan is paid off the system has also paid for itself, and from then on it is free power for the business.
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Location: India, Karnataka, Bengaluru
Employees: 201-500
Phone: +91 1800 121 2282
Total raised: $20M
Founded date: 2006

Investors 3

Funding Rounds 1

DateSeriesAmountInvestors
06.10.2022-$20M-

Mentions in press and media 10

DateTitleDescriptionSource
26.03.2024India’s role in global solar manufacturing in terawatt era-pv-tech.or...
06.10.2022Orb Energy Secures $20 Mn From DFC To Offer Collateral-Free ...As per the startup, it has received the first tranche of a $20 Mn loan from US-based Development Fin...inc42.com/...
06.10.2022Orb Energy raises $20 mn follow-on loan from US DFCOrb Energy raises $20 mn follow-on loan from US DFC Premium Orb Energy had received its first loan o...livemint.c...
06.10.2022Shell-backed Orb Energy raises $20 mnCredit: Pixabay Shell Plc-backed integrated solar energy solutions provider Orb Energy Pvt. Ltd on T...vccircle.c...
06.10.2022Orb Energy Secures $20 Million To Develop 25 MW Solar Park a...-mercomindi...
10.01.2018Solar equipment manufacturing startup Orb Energy raises $15 ...Bengaluru-based solar energy systems company Orb Energy has raised $15 million in a part-equity and ...entrackr.c...
10.01.2018Solar equipment maker Orb Energy raises $15 mn from OPIC, ot...Solar equipment manufacturer Orb Energy Pte. Ltd has raised $15 million (Rs 95 crore) through a comb...vccircle.c...
18.11.20161 Nigerian Solar startup and 7 others from Africa get $4 mil...Share this article: An investment of $4 million in eight solar startups that are revolutionizing hou...techpoint....
21.06.2011Orb Energy Raises $1.1M From Acumen FundOrb Energy Pte Ltd, which provides solar energy systems to off-grid households, has raised $1.1 mill...vccircle.c...
-Orb Energy“Orb Energy | A leading provider of solar energy solutions in India | Rooftop Solar”fastfounde...

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