Waaree Energies collaborates with Ecofy for green finance

Waaree Energies Limited and Ecofy aim to boost rooftop solarization, aligning with PM Surya Ghar Yojana 2024 and India’s climate-positive initiatives. (Image Credit: Waaree Energies)

Waaree Energies Limited, India’s leading PV modules manufacturer, has partnered with Ecofy, an NBFC supported by Eversource Capital, to offer INR 100 crore in green finance for climate-positive endeavors. This collaboration aligns with the PM Surya Ghar Yojana 2024 and aims to advance India’s renewable energy transition. By combining Waaree’s solar expertise with Ecofy’s digital financing solutions, the initiative targets the solarization of 10,000 rooftops, in line with the government’s scheme. Ecofy, over 15 months, has empowered 5,000 rooftop solar customers.