Orb Energy
Orb Energy is a Bengaluru-based, vertically integrated Indian solar solutions provider that manufactures its own Mono PERC and TOPCon panels, designs and installs rooftop, ground-mounted, and battery-storage systems for commercial, industrial, and residential customers, and uniquely offers in-house collateral-free EMI financing to enable zero-upfront-cost solar adoption across India.
- Company typePrivate
- Founded2006
- HeadquartersBangalore, India
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Orb Energy does
Orb Energy (Orb Energy Private Limited) is a Bengaluru-based, vertically integrated solar energy solutions provider founded in 2006 that manufactures its own Mono PERC and TOPCon solar panels at an ISO 9001/14000/45000, IEC, UL, BIS-registered and ALMM-empanelled facility in Karnataka, and deploys them as turnkey rooftop, ground-mounted, and hybrid solar-plus-battery-storage systems for commercial, industrial, and residential customers across India. The company's distinctive commercial wedge is its in-house, collateral-free EMI solar financing facility for C&I customers — offering up to 5-year tenors, zero down payment, and 7-day approval — which removes the bank-collateral barrier that blocks most Indian SMEs from accessing third-party solar debt.
Orb has installed more than 400 MW of PV across 175,000+ systems serving 95,000+ clients, with a primary commercial-industrial focus on manufacturers, hospitals, educational institutions, malls, real estate developers, and agri-processing businesses (where it has deployed 150+ systems totaling ~25 MW), and a secondary residential segment enabled by its DISCOM-vendor registration under the central government's PM Surya Ghar Muft Bijli Yojana subsidy scheme. Distribution combines a dedicated direct field sales force, a toll-free sales line, and a channel partner program; downstream the company also operates a 35 MW DC solar park in Arsikere, Hassan, Karnataka.
The business model is a hybrid of one-time project EPC revenue (system sales and installation) and recurring interest/EMI income from its on-balance-sheet financing book, supplemented by financing partnerships with State Bank of India under the Surya Shakti scheme. The company is privately held and is backed by Shell (Shell Ventures) as a strategic investor, with a track record of development-finance debt from the US DFC ($20M follow-on in October 2022), FMO, KfW DEG, OPIC, USAID, and Acumen across multiple rounds since 2006.
Orb Energy firmographics
Firmographics- Name
- Orb Energy
- Legal name
- Orb Energy Private Limited
- Website
- https://orbenergy.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Orb Energy is a Bengaluru-based, vertically integrated Indian solar solutions provider that manufactures its own Mono PERC and TOPCon panels, designs and installs rooftop, ground-mounted, and battery-storage systems for commercial, industrial, and residential customers, and uniquely offers in-house collateral-free EMI financing to enable zero-upfront-cost solar adoption across India.
- Ownership category
- akta.pro rank
Orb Energy industry classification
Industry- Product category
- Solar Energy Solutions and Equipment Manufacturing
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Semiconductors & Related Devices (3674)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where Orb Energy is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Orb Energy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Panel and System Sales & Installation: Orb Energy sells and installs rooftop solar, ground-mounted solar, and battery storage systems to commercial, industrial, and residential customers. Revenue is generated from the sale of solar equipment and installation services on a project basis. Orb manufactures its own solar panels in-house, which are sold both as standalone products and as part of turnkey solar solutions.
- In-house Solar Financing: Orb Energy provides collateral-free solar finance to commercial and industrial customers, funding a portion of project costs (e.g., up to 75% of project cost). This in-house financing capability enables quick customer adoption and represents a dual revenue stream — both the sale of the solar system and the interest/EMI income from financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Custom Project-Based Pricing for C&I and Residential Solar |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Orb Energy product offering
Product offeringCore offering
Orb Energy manufactures high-efficiency Mono PERC and TOPCon solar panels in Bengaluru and delivers turnkey rooftop and ground-mounted solar PV systems — including solar-plus-battery storage variants — for commercial, industrial, and residential customers across India. The company differentiates through in-house collateral-free EMI solar finance for C&I customers (up to 5-year EMI, zero down payment, 7-day approval) and a proprietary mobile app that tracks solar output and savings in real time. Since 2006, Orb has installed 175,000+ solar systems totaling 400+ MW of PV capacity for 95,000+ customers.
Product overview
Orb Energy is a vertically integrated solar energy solutions provider offering a comprehensive portfolio of solar products and services. The core offering includes in-house manufactured Mono PERC solar panels and turnkey rooftop/ground-mounted solar PV systems for commercial, industrial, and residential customers. The company differentiates through its collateral-free solar financing facility, enabling customers to adopt solar with zero upfront cost and monthly savings exceeding EMI payments from day one. Additional products include solar-plus-battery storage solutions (hybrid systems with lithium batteries), solar water heating systems, and a proprietary customer mobile app for real-time monitoring. The product architecture is modular, allowing customers to start with solar PV and add battery storage or financing as needed.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial & Industrial Rooftop Solar Rooftop solar PV systems designed for commercial and industrial customers in India (manufacturers, hospitals, educational institutions, malls, real estate developers), enabling businesses to reduce grid power dependency and electricity costs. Includes custom system design, in-house installation, and access to in-house collateral-free EMI financing for eligible C&I customers.
- Residential Rooftop Solar Rooftop solar systems designed for homes and residential buildings across India, providing energy independence and reduced electricity bills for individual homeowners. Orb facilitates access to the PM Surya Ghar government subsidy scheme as a registered DISCOM vendor.
- Ground Mounted Solar Ground-mounted solar PV systems for commercial and industrial customers who require more power than their rooftop allows or who have available land, suitable for large-scale installations such as the 35 MW DC Orb solar park in Arsikere, Hassan, Karnataka.
- Commercial & Industrial Solar + Battery Storage Solar plus lithium battery storage hybrid systems for commercial and industrial customers, combining solar PV with hybrid inverters and lithium battery packs to deliver 24/7 reliable power and grid independence, including during grid outages.
- Residential Solar + Battery Storage Solar plus battery storage hybrid systems for homes, providing uninterrupted power and energy independence through hybrid inverter technology and lithium battery integration for 24/7 reliable household electricity.
- Orb Solar Panels In-house manufactured high-efficiency Mono PERC solar panels (21.3% efficiency, above 5-star energy efficiency rating) and TOPCon solar panels, produced at Orb Energy's ISO 9001, ISO 14000, ISO 45000, IEC, UL, BIS-registered, and ALMM-empanelled manufacturing facility in Bengaluru, India. Sold as part of turnkey solar solutions and as standalone products.
- Solar Finance (Collateral-free EMI) In-house collateral-free solar financing facility for commercial and industrial customers, offering up to 5-year EMI finance with zero down payment and a 7-day approval process (subject to credit assessment). Monthly solar savings exceed EMI cost from the first month. Orb can fund up to 75% of project cost in some cases.
- Commercial & Industrial Solar Water Heating Solar water heating solutions for commercial and industrial applications, complementing solar PV systems and using solar thermal technology to deliver hot water for industrial processes.
- Residential Solar Water Heating Solar water heating systems designed for residential use, providing sustainable hot water solutions for Indian households.
- Orb Mobile App Proprietary mobile application available to all Orb customers post-installation, enabling real-time tracking of solar output, savings, and return on investment.
Quantifiable outcome
- Rooftop solar payback typically 3–4 years; MIET saves Rs. 80 lakhs/year; Shakti Precision meets 70% of energy needs; Abhinandan Petro Packs reduced cost from Rs. 8/unit to Rs. 1.5/unit; Jaguar Petropacks achieves 3-year-10-month payback; average CO2 offset per project ranges from 90 tonnes to 1,180 tonnes annually
- +1 more outcomes
Companies that use Orb Energy
Customer profileNamed customers32 records
Segments4 records
Ideal customer profiles4 records
Orb Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Orb Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PI Berlin (now KIWA Global group)minorOrb Energy's solar panel manufacturing process was guided by PI Berlin, Germany (now part of KIWA Global group), with European processing machines used to ensure the highest quality and reliability in solar module production.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Orb Energy competitors and assessment
Company assessmentDirect peers
- Tata Power Solar Systems: One of India's largest vertically integrated solar EPC and module manufacturers, serving C&I and residential rooftop customers with financing partnerships — directly comparable to Orb Energy's full-stack model.
- Adani Solar: Indian solar PV manufacturer and EPC arm of Adani Group, competing with Orb across module supply, C&I rooftop EPC, and large-scale ground-mounted installations.
- Waaree Energies: India's largest solar PV module manufacturer with growing EPC presence in C&I and residential segments — directly overlaps Orb's manufacturing-plus-installation business.
- Vikram Solar: Indian solar PV module manufacturer with EPC capabilities serving utility-scale, C&I, and rooftop customers — overlaps Orb on the manufacturing and EPC verticals.
- Fourth Partner Energy (now JSW Renew Energy Five): Indian C&I-focused distributed solar EPC and financing platform, recently acquired by JSW Energy — closest peer to Orb's SME rooftop and ground-mounted solar + financing model.
- SunEdison Infrastructure: Indian rooftop solar EPC focused on residential and SME customers under SunEdison brand — directly competes with Orb in residential rooftop and small C&I segments.
- Amplus Solar: C&I rooftop and open-access solar developer in India, backed by PETRONAS — competes with Orb in the same C&I segment with a focus on larger enterprise customers.
Emerging players
- Freyr Energy: Indian rooftop solar startup focused on residential and small commercial segments with proprietary technology — comparable to Orb's residential push but smaller-scale and less vertically integrated.
- d.light: Pay-as-you-go off-grid solar provider focused on emerging markets including India — overlaps with Orb's earlier off-grid / residential solar mission and consumer finance approach.
- Loom Solar: Indian D2C residential solar panel and rooftop kit seller — comparable to Orb on residential rooftop solar, though without in-house financing or C&I focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Orb Energy social profiles
Digital presenceOrb Energy compliance and trust
Trust signalCompliance8 records
Orb Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orb Energy leadership team
Management profileNumber of profiles
Profiles4 records
Orb Energy funding detail
Funding detailFunding overview
Funding rounds6 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orb Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orb Energy
What does Orb Energy do?
Orb Energy manufactures high-efficiency Mono PERC and TOPCon solar panels in Bengaluru and delivers turnkey rooftop and ground-mounted solar PV systems — including solar-plus-battery storage variants — for commercial, industrial, and residential customers across India. The company differentiates through in-house collateral-free EMI solar finance for C&I customers (up to 5-year EMI, zero down payment, 7-day approval) and a proprietary mobile app that tracks solar output and savings in real time. Since 2006, Orb has installed 175,000+ solar systems totaling 400+ MW of PV capacity for 95,000+ customers.
Is Orb Energy a public or private company?
Orb Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Orb Energy founded?
Orb Energy was founded in 2006. It employs 251 to 500 people.
Where is Orb Energy based?
Orb Energy is headquartered in Bangalore, India, in the Asia region.
How does Orb Energy make money?
Two revenue lines are on record. Solar Panel and System Sales & Installation is the primary driver. The others are in-house Solar Financing.
Who are Orb Energy's main competitors?
Direct peers on record are Tata Power Solar Systems, Adani Solar, Waaree Energies, Vikram Solar, Fourth Partner Energy (now JSW Renew Energy Five), SunEdison Infrastructure and Amplus Solar. Emerging players are Freyr Energy, d.light and Loom Solar.
Does Orb Energy have an API?
No public API is recorded for Orb Energy.
What industry is Orb Energy in?
Orb Energy's product category is Solar Energy Solutions and Equipment Manufacturing. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAD, Solar PV Module Manufacturing (Cells, Modules, Thin-Film). Its NAICS code is 221114 and its SIC code is 3674.