Rooftop solar firm MYSUN plans to invest Rs 600 crore in the next three years to develop a 200MW solar portfolio of the first phase of its recently launched asset vehicle MYSUN+.
This new venture will provide bespoke solar energy solutions to large corporate, industrial, and commercial establishments on a built, own, operate, and transfer (BOOT) or RESCO (Renewable Energy Service Company) model.
MYSUN+ has already gained traction with some of the large and renowned Indian as well as multinational companies becoming clients and has signed up and executed/executing projects in Rajasthan, Madhya Pradesh, Andhra Pradesh and Puducherry.
The new venture will enables consumers to buy solar power without the hassles of setting up and operating a solar plant on their buildings and without making any upfront investments.
This initiative will immensely benefit the companies by making their energy consumption more cost-effective and in reducing their carbon footprints.
With this new venture, MYSUN becomes a complete 360-degree solar company meeting vastly different financing needs of its diversified client base of the large, medium and small industry as well as homes, all under one roof.
This is an Agency News Feed; edited by Clean-Future Team