Ecofy Joins Power With Luminous To Accelerate Solar Adoption
Indian NBFC Ecofy as we speak introduced its partnership with Luminous Power Technologies, an power options business. The collaboration with Luminous goals to deal with the financing panorama for renewable power tasks, particularly solar energy tasks.
With the introduction of PM Surya Ghar Yojana 2024, favorable market situations and authorities assist, the partnership will make vital contributions to rooftop photo voltaic and small utility tasks. In addition, with the supply of subsidies and lowered prices of photo voltaic panels, collaboration can profit rooftop photo voltaic installations.
“We are happy to announce our partnership with Luminous Power Technologies, centered on simplifying financing for sustainable power tasks. In the previous 17 months, Ecofy has effectively processed over 20,000 rooftop photo voltaic purposes, which exhibits our robust dedication to sustainable power options,” stated Swapnil Wakade, Business Head – Residential Rooftop Solar at Ecofy, whereas talking on the partnership.
Commenting on the brand new photo voltaic manufacturing manufacturing facility of Luminous in Rudrapur he stated, the manufacturing facility will play a significant function as a significant participant within the photo voltaic power sector, with a complete ecosystem that features manufacturing, distribution, and set up, he added a brand new collaboration.
Amit Shukla, Senior VP & Business Head, Energy Solutions, Luminous Power Technologies stated, “This partnership with Ecofy brings us one step nearer to the mission of accelerating share for clear power options. Ecofy has rising a part of the financing business, which permits us to increase our revolutionary photo voltaic options for powering properties and companies.
This strategic alliance underscores their dedication to sustainability and represents an vital step in direction of accelerating India’s transition to a cleaner and extra environmentally acutely aware power ecosystem.
Along with this Ecofy will even host native occasions to teach sellers on the advantages and alternatives of the rooftop photo voltaic phase. These actions additionally goal to strengthen relationships with native companions.
