Ecofy Joins Forces With Luminous To Accelerate Solar Adoption
Jun 2024 Other
Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects.
With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make substantial contributions in rooftop solar and small utility projects. Moreover, with the availability of subsidies and declining costs of solar panels, the collaboration could benefit rooftop solar installations.