New Delhi, February 19, 2023: Vareyn Solar Pvt. Ltd., India’s foremost turn-key solar EPC company, is delighted to announce its strategic foray into the residential sector, aligning with the visionary PM Suryodaya Yojana launched by Prime Minister Modi on January 22, 2024. This scheme aims to install rooftop solar panels on the houses of middle and poor-class citizens, reducing electricity bills and promoting clean energy.
In sync with the government’s mission, Vareyn Solar’s expansion into residential solar solutions complements the PM Suryodaya Yojana. The company’s commitment to India’s clean energy transition now extends to empowering homeowners in Jaipur, Rajasthan, and soon, pan-India, providing cutting-edge solar technology.
As part of Vareyn Solar’s offerings, the company will facilitate the installation of rooftop solar panels with a focus on affordability and accessibility. Leveraging its expertise, Vareyn Solar will ensure safety certification by chartered electrical engineers and provide a 150 KMPH wind certification for all residential installations.
Additionally, Vareyn Solar has collaborated with Solar Edge, an Israeli company specialising in inverter solutions with optimizers. This partnership enhances energy generation, leading to greater savings for residential owners. The solar edge + model comes with a 5-year maintenance warranty, ensuring reliability and longevity.
Unveiling unique features in the residential sector, Vareyn Solar introduces an anti-monkey-damage cable management mechanism—a first in the solar industry. To further facilitate adoption, the company has partnered with Credit Fair, an NBFC in Mumbai, to offer attractive financial terms exclusively to Vareyn Solar’s residential customers.
With a commitment to customer satisfaction, Vareyn Solar aims to achieve a turnover of INR 200 Crore with its Homes Division by FY25-26, targeting a market share of 15% by 2025. The company is dedicated to providing an unparalleled experience, guiding homeowners to initiate their solar journey seamlessly.
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