Solfin Partners with Japanese Institution to Boost Solar Finance

Solfin Sustainable Finance, an NBFC backed by Waaree Group, has teamed up with a Japanese financial institution to enhance solar financing in India. The collaboration targets working capital for solar dealers and rooftop finance for consumers, aiming for faster adoption of clean energy solutions.

Solfin Sustainable Finance, a non-banking financial company backed by the Waaree Group, has teamed up with a Japanese financial institution to enhance co-lending in the Indian solar sector.

This strategic partnership is expected to provide much-needed working capital finance to solar panel dealers and facilitate rooftop solar finance for end consumers, as part of a broader effort to accelerate the adoption of clean energy solutions across the nation.

Pramod Mahanta, Co-Founder of Solfin, highlighted the unique strengths the two financial entities bring to the table, enabling them to create more funding opportunities within the solar finance ecosystem.