Updated Sep 29, 2018

Orb Energy

Solar Energy for Commercial Customers with In-House Financing

http://orbenergy.com
Default avatar

Hamza Naziru

Send Message

Snapshot

Stage 5: Scaling

Focus Areas:

Energy, Energy Service, Metering & Payment Systems and Solar

Energy, Energy Service, Metering & Payment Systems and SolarSEE LESS

Implemented In:

India and Kenya

India and KenyaSEE LESS

2
Countries Implemented In
Verified Funding

Innovation Description

Orb Energy provides solar power and thermal systems to residential and commercial customers. It has worked in India for more than 10 years, where it has about 100 branches and 500 employees. It has installed more than 130,000 systems in India. Orb Energy expanded to Kenya about three years ago, where it is a growing provider of solar home systems and solar thermal systems.

Planned Goals and Milestones

With a $500,000 award from Scaling Off-Grid Energy: A Grand Challenge for Development, Orb Energy is developing a new business model. It enables the company to sell solar products through established agents at banks and microfinance institutions, allowing these partners to provide the consumer financing. Furthermore, Orb Energy provides an after-sales network close to the clients. This approach removes a barrier to Orb Energy’s growth as microfinance institutions take care of customer financing, so the company can focus on its core business -- providing solar energy solutions and service

Milestones

May 2017
Nov 2016
Mar 2016
Date Unknown
Launched
Date Unknown
New Country
India and Kenya