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PIXON Collaborates with YES BANK to Expedite Adoption of Solar Solutions in India

The alliance will contribute towards facilitating the adoption of sustainable energy practices by MSMEs, while also assisting them cut down their expenses towards power and fuel.

July 27, 2023. By EI News Network

PIXON announced that it has collaborated with YES BANK, to strive forth innovative financial solutions for Micro Small and Medium Enterprises (MSME) who wish to install solar panels at their premises.

The collaboration will contribute towards facilitating the adoption of sustainable energy practices by MSMEs, while also assisting them cut down their expenses towards power and fuel. It will also help in the seamless distribution of PIXON’s quality products like highly efficient solar panels and other technologically advanced products in the solar ecosystem.

The alliance is part of YES BANK’s YES KIRAN programme, a lending proposition that intends to revolutionise the global initiative of adopting renewable sources of energy as a primary source.

Dhavan Shah, Country Head- SME Banking, YES BANK said, “At YES BANK, we are deeply committed to supporting small and mid-sized enterprises in their journey towards profitability and growth by curating propositions that can empower them to become energy efficient. Our partnership with PIXON is a testament to this effort. We are happy to join hands with team at PIXON to support the adoption of solar technologies and green energy products in India. Given our vast presence across the country, we aim to reach out to a wide network of customers and help them become early adopters of renewable sources of energy.”

Sumit Mehta, Co-founder & Director of PIXON stated, “We are glad to partner with YES Bank and envisage strengthening our footprints across PAN India. With PIXON’s 1 GW state-of-the-art Solar Module manufacturing capacity and Yes Bank’s prominent financial support, this partnership will bring together our capabilities to accelerate solar adoption in India. Now our quest for sustainability gets more empowered through our green energy offerings, and we hope that it will help the nation to unlock and enable future energy by creating a truly Atmanirbhar India.”

PIXON was founded in 2019 as a prominent solar module manufacturing company.

With its 1 GW European technology manufacturing line for solar modules and the upcoming Multi-Busbar Modules range.
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