Solfin Disburses INR 100 Cr in Solar Loans in 9 Months, Backed by Waaree Investment - Asia Pacific | Energetica India Magazine
Summary
Ltd., part of Waaree Group.Indias solar sector is undergoing a rapid transformation, driven by ambitious government targets and robust policy support. Having already financed across multiple segments like Supply Chain, C&I and Residential Rooftop, Solfin is enabling a broader adoption of clean energy solutions while contributing to the development of a more climate-resilient future. "Achieving INR 100 crore in disbursements in such a short time is a testament to the markets growing demand for reliable solar financing and the trust our clients place in us. Solfin is in early conversations with select venture and institutional partners aligned with its long-term vision in climate tech, fintech, and sustainable infrastructure. The capital raised will be strategically deployed to expand the companys presence into new geographies, introduce innovative green financing products, enhance its digital capabilities, and explore adjacent sectors such as electric vehicles (EVs) and Battery Energy Storage Systems (BESS).Indias solar energy sector is reaching a pivotal moment, with financing emerging as the key driver for accelerated growth.