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Who has signed an agreement with SBI for providing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme?
A)
JA Solar Holdings
B)
Luminous Power Technologies
C)
Vikram Solar
D)
WAAREE Energies

Correct Answer :   WAAREE Energies


WAAREE, India's largest Solar Panel manufacturer, has entered into an Agreement with SBI for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme).
 
WAAREE intends to leverage over 500 Cr of a credit line through Surya Shakti Solar Finance Scheme and provide a digital platform for hassle-free journey to loan applicants for financing solar projects.
 
WAAREE has always led the change in the industry through the slew of Innovative products, and high-wattage Solar panels which is the need of today. WAAREE has a distinction by becoming the only manufacturer in India to get a 650Wp Solar panel listed in ALMM
 
WAAREE's state-of-the-Art panel manufacturing facilities are equipped to manufacture panels above 540 Wp, thus catering to the demand for quality, high-efficiency solar panels. 
 
WAAREE has also been recognized as 'India's Best Brand' in the Renewable energy industry by The Economic Times. PVEL, a globally recognized Lab in photovoltaic testing, has listed WAAREE as the Top Performers in its 2022 Scorecard which is published to highlight the performance of global manufacturers...

Source : Business Standard

Published On : September 10, 2022
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