Interview: Rishabh Dev Bajaj

Founder & CEO at Volt Energy (Volt Capital Pvt. Ltd.)

Volt Energy Flips Solar Script for MSMEs with Zero-Investment, High-Impact Model

April 15, 2025. By Abha Rustagi

Volt Energy provides customers, especially MSMEs, with simplified solar system processes featuring top-quality systems and verified installers, all at zero upfront investment, said Rishabh Dev Bajaj, Founder & CEO, Volt Energy in an interview with Abha Rustagi, Associate Editor, Energetica India.

Que: What inspired you to launch Volt Energy, and what motivates your team to push for clean, affordable energy solutions for MSMEs?

Ans: Volt Energy emerged from a thorough evaluation of why MSMEs avoid adopting solar energy, including high upfront costs, fragmented vendor ecosystems, and a lack of trust in long-term returns. Our solution involves a zero-cost, zero-risk managed marketplace that connects customers, installers, and investors through its platform.

We provide customers, especially MSMEs, with simplified solar system processes featuring top-quality systems and verified installers, all at zero upfront investment. They pay only for the electricity they consume while receiving zero coverage or operational burdens. Through our platform, installers access ready customers and pre-secured investors, which lets them focus purely on execution. For investors, our platform assures asset quality together with stable financial returns through its transparent method of financing real demand. This managed marketplace approach not only makes solar energy adoption seamless and reliable but also transforms the way clean energy is financed and delivered in India.


Que: Can you elaborate on how your unique ‘Zero Risk, Zero Investment’ model works? How has the response been from businesses, particularly MSMEs, towards this model?

Ans: The approach taken by our model operates in the opposite direction from conventional solar arrangements. The system costs no investment at all because companies only need to subscribe to us to begin saving electricity expenses immediately. Our entire service spectrum includes engineering, procurement, installation, maintenance, and investor engagement. The response from MSMEs has been highly positive because our approach removes their two main challenges, which are capital expenditure and operational complexity. Participating businesses receive clean energy along with predictable savings and no headaches.


Que: How does Volt Energy ensure financial sustainability while offering solar solutions with zero upfront costs to customers?

Ans: Our financial sustainability occurs through the development of a well-connected network of interests where each stakeholder benefits. We receive upfront investment from our financial partners as well as investors to finance projects that later generate stable returns from energy payments made by MSMEs. The project delivery milestones determine payment to installers, and customers make savings on energy costs without needing any infrastructure investment. The established model links all participants' objectives together, which establishes a system that stands strong both financially and operationally.


Que: You aim to complete 400+ projects this fiscal year and power 10,000 MSMEs by 2030. What strategies are you implementing to achieve these ambitious goals, and how are you ensuring scalability?

Ans: The company tracks its expansion through tech-powered growth methods combined with ecosystem partnerships. We construct a digital-based onboarding systems platform to streamline all operations, which include customer acquisition and project tracking to investor reporting and installer coordination. Additionally, we are developing strategic connections with MSME clusters, industry bodies, investors, and state programs, which allow us to escalate our reach and build trust. Standardisation creates scalability, we’re systemising every layer of our model to make clean energy adoption into a plug-and-play solution.


Que: Can you share any notable case studies or success stories where your model has significantly benefited a business and helped it transition to solar energy?

Ans: One of our most impactful stories comes from a manufacturing unit in North India. Before Volt, they struggled with high electricity bills and were hesitant to invest in solar due to upfront costs. Our platform enabled the manufacturing unit to transition to solar power at no cost. The company obtained a 30% reduction in its electricity expenses alongside enhanced sustainability operations that elevated its ESG metrics and opened up new export opportunities. The transaction process gained both investor and installation partner financial success. Our proud achievement consists of this win-win-win model that we aim to develop on a larger scale.


Que: Are there any partnerships or collaborations you’re currently exploring to scale Volt Energy’s impact across India?

Ans: Yes, we are actively working on partnerships with investors, EPC players, MSME clusters, and government-backed energy programs. Our joint work with these organisations enables quicker expansion while enabling the delivery of local trustworthiness along with service maintenance in every location. Our organisation works to establish partnerships that will deliver advanced solutions and full transparency to energy financing solutions for small businesses.


Que: How does Volt Energy align with the government’s vision for Amrit Kaal and contribute towards a sustainable, energy-independent India?

Ans: The government officially declared that Amrit Kaal will be defined by green growth coupled with self-reliance. The mission of Volt Energy is in direct alignment with this. Our platform helps the driving force of India's economic foundation, named MSMEs, pursue solar adoption without capital constraints. The wide-scale use of distributed solar power systems through our platform speeds up India's shift to a renewable, decentralised energy future. Our marketplace supports national priorities in climate independence along with zero-emissions targets and inclusive economic growth.


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