Orb Energy's 35 MW Solar Park Empowers Karnataka SMEs
- Orb Energy's innovative solar park in Karnataka empowers SMEs to own their solar sub-arrays, reducing costs and carbon emissions while boosting competitiveness.
Orb Energy has launched a 35 MW ground-mounted solar park in Arsikere, Karnataka, which produces 5.24 crore units of green power annually and offsets 45,000 tons of carbon dioxide. The solar park was built to support small and medium-sized enterprises (SMEs) in the area, with plans to invest Rs 2,000 crore over the next ten years to develop and construct 400 MW of solar parks for SMEs across India.
The unique solar park approach allows businesses to buy plots and become owners of their solar sub-arrays within the park. This model has been successful for Karnataka SMEs, providing them with off-site solar solutions to control rising electricity costs and enhance competitiveness. Owners of off-site solar systems can expect decreased electricity prices of 3.5–4.0 rupees per unit over the system's lifetime, benefiting both businesses and discoms while addressing the growing demand for electricity.
How does Orb Energy's solar park benefit SMEs in Karnataka?
- SMEs in Karnataka benefit from Orb Energy's solar park by being able to buy plots and become owners of their own solar sub-arrays within the park.
- This unique approach allows businesses to control rising electricity costs and enhance competitiveness by having off-site solar solutions.
- Owners of off-site solar systems can expect decreased electricity prices of 3.5–4.0 rupees per unit over the system's lifetime.
- The solar park model benefits both businesses and discoms, while also addressing the growing demand for electricity in the region.
- Orb Energy's plans to invest Rs 2,000 crore over the next ten years to develop and construct 400 MW of solar parks for SMEs across India will further support the growth of renewable energy in the country.
