rooftop solar - SmartEnergy

17Oct

By Editorial TeamNo Comments

Freyr Energy Secures INR 58 Crores Investment, leading the Charge in Accelerating the Transition to Solar Energy for Retail Customers in India

Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is at the forefront of sustainable change accelerating the transition to solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI Management Company which invested USD 3 million. Other investors who participated in the round are Schneider Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital. Rodrigo Madrazo (CEO of EDFI Management company) expressed his enthusiasm for this transformative investment, stating, “The solar market for the retail sector in India is highly fragmented a...

At PIXON, We’re Dedicated to Staying Ahead With the Latest Advancements in Solar Technology – Juhi Marwadi, Director, Pixon Energy Limited

In a world where the clarion call for sustainable energy solutions grows ever louder, it is the visionary leaders and pioneering companies that stand at the forefront of change. We at Smart Energy Magazine had the distinct privilege of engaging in a conversation with Mrs. Juhi Marwadi, the esteemed Director of Pixon Energy, a company that has carved an indelible mark in the renewable energy landscape. Join us as we embark on this insightful interaction and uncover the inspiring story of a company that is driving the renewable energy revolution and shaping a brighter future for all. Q. Juhi ji, let’s start it with the growing concern about global climate change, how has PIXON Energy positioned itself to contribute significantly to the solar revolution? At PIXON Energy, we are proud t...

MAHAPREIT’s Ambitious Plan: 1 GW Solar Push for Rural Irrigation and SME Rooftops

The Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT), a subsidiary of the state government’s Mahatma Phule Backward Class Development Corporation (MPBCDC), has planned to install 500 megawatt (MW) of decentralised solar projects in the rural parts of the state to power agricultural irrigation over the next two years and another 500 MW rooftop solar units to supply power to micro, small and medium enterprises. The combined capacity will give a significant boost to the government’s goal to reach 22 gigawatt (GW) of renewable energy. Currently, the state generates around 15GW of renewable energy annually. A meeting to discuss implementation of tenders for the first phase of this project between MAHAPREIT and the Global Energy Alliance for People and Planet (...