Mahindra Solarize and Ecofy Tie-up for Financing of Rooftop Solar and Installation
Communicating about the impact, the CEOs of both organisation perceive it would certainly minimize the electricity costs in contrast to the average bill.
March 17, 2023. By EI News Network
This is mainly targeted to provide collateral-free borrowings and loans for solar rooftops to escalate green adoption.
Communicating about the impact, the CEOs of both organisations perceive it would certainly minimize the electricity costs in contrast to the average bill.
Rakesh Singh, CEO & Executive Director of Mahindra Solarize said "We are excited to partner with Ecofy as it allows us to offer our solutions to customers along with access to affordable financing. The solar rooftop market holds huge growth potential, and one can expect a total capacity addition of 18.8 GW in the next five years at an average growth rate of 40%".
Rajashree Nambiar, Co-Founder and CEO of Ecofy also emphasises on the step can minimize the electricity invoices because of government subsidy schemes for setting up solar rooftops.
This alliance for rooftop solar funding and set up in the retail division will provide Ecofy doorway to more than 50 dealers and vendors in some states amplifying its potential users and clients' support by over 5000 users.
Ecofy partners with individuals and businesses who willingly support the idea of lessening their carbon footprint and reviving the equilibrium of the planet.
The company is promoted by Eversource Capital, an equal consortium between Everstone Group and LightsourceBP.
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