Promonique
Promonique
EPR Subscription Banner
EPR Subscription Banner
Promonique Banner
Promonique Banner
Home » News » Orb Energy launches ground-mounted solar park debut in Karnataka

Orb Energy launches ground-mounted solar park debut in Karnataka

May 22, 2024 3:55 pm

Orb Energy launches ground-mounted solar park debut in Karnataka
.

Groundbreaking solar initiative offsets 45,000 tonnes of CO2 annually, fostering SME growth with an innovative ownership model.

Orb Energy, a prominent player in the Indian solar power industry, has launched its inaugural 35 MW (DC) ground-mounted solar park in Arsikere, located in Karnataka’s Hassan district. Spanning 110 acres, this solar park generates 5.24 crore units of green power annually and offsets 45,000 tonnes of carbon dioxide each year. It is designed to empower SMEs in the region.

Orb Energy plans to develop and commission approximately 400 MW of solar parks for SMEs across India by the decade’s end, with an anticipated investment of around ₹2,000 crore. With 27 MW (DC) already commissioned over 90 acres, Orb Energy aims to complete its SME-centric solar park by the middle of the current financial year. Their innovative model allows enterprises to purchase plots and own their solar sub-arrays within the overall park.

To support this initiative, Orb Energy offers a five-year in-house financing option, enabling SMEs to transition to off-site solar solutions quickly and cost-effectively. Owners of off-site solar systems can expect reduced electricity costs of about ₹3.5-4 per unit over the system’s lifetime. This model leverages existing infrastructure to increase generation, benefiting both discoms and enterprises, while enhancing SME competitiveness. The company also plans to establish a second solar park in Karnataka to further support its SME clients’ off-site solar needs.

This innovative approach has been embraced by SMEs across various industries, such as foundries, die-cast companies, precision components manufacturers, and malls, empowering them to manage rising electricity bills and boost their competitiveness.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags: Solar
Dhasho
Dhasho
Power Talk
Webinar
Webinar
Android App
Android App
EPR eMagazine June 2024
EPR eMagazine June 2024
EPR eMagazine June 2024

Events

Global Energy Digitalisation Conclave
Global Energy Digitalisation Conclave
India Energy Storage Week
India Energy Storage Week
World battery and energy storage industry expo
World battery and energy storage industry expo
Green Hydrogen Summit
Green Hydrogen Summit
Powergen
Powergen
The Building Envelope Design and Insulation Conference
The Building Envelope Design and Insulation Conference
Windergy
Windergy

Our Sponsors

Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Andritz Hydro Pvt Ltd
Andritz Hydro Pvt Ltd
Lawson Fuses
Lawson Fuses
Allied Power Solutions
Allied Power Solutions
Nirmal
Nirmal
Maco Corporation India Pvt Ltd
Maco Corporation India Pvt Ltd
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Icon Solar-En Power
Icon Solar-En Power
ZIEHL ABEGG
ZIEHL ABEGG
Novasys
Novasys
Bask Energies
Bask Energies
Mecc-Alte India
Mecc-Alte India
Supcon
Supcon
ET Transformers
ET Transformers
Omicron
Omicron
DEIF
DEIF
Sudhir Power
Sudhir Power
Dhash
Dhash
Intello
Intello
CAT
CAT
Innovatek
Innovatek
Aeron Composite Pvt Ltd
Aeron Composite Pvt Ltd
Radicon Powerbuild
Radicon Powerbuild
MENNEKES Electric India
MENNEKES Electric India
Om Technical Solutions
Om Technical Solutions
PRAMA HIKVISION INDIA
PRAMA HIKVISION INDIA