Insolergy Facilitates Solar Loans For Housing Societies in India

PUNE, India - July 31, 2018 - PRLog -- India has an ambitious solar power target and there are policies in place to encourage residential solar installations. In spite of that, there is not as much uptake for solar power by residential societies as it was expected.

Clearly, Indian housing societies have some other entry barriers that are stopping them from enjoying the benefits of solar power. Finance is one such factor.

Solar loans for housing societies

Insolergy Technologies is one of the leading solar EPC companies in India, providing solar solutions to residential and commercial establishments. Insolergy also facilitates solar loans in India for all types of PV projects in India.

Insolergy is the business facilitator with IDBI bank. As a bank nominated solar EPC company, the company provides its customers with easy access to solar power loans. That's great news for housing societies looking for solar finance to aid in their investment. Insolergy serves as a medium between the banks and the customers, speeding up the process with their technical expertise, solar power plant design and installation experience.

"Housing societies have couple of challenges when it comes making a decision regarding solar PV installation. The challenges start with internal friction or conflicts within the management committee, followed by unmanaged process to manage selection process to get the installation company on board. But with all such matters being taken care of, decisions again slow down due to solar finance", says Sourabh Maltare, co-founder of Insolergy Technologies.

Advantages of solar loans

https://www.insolergy.com/blog/solar-finance/benefits-ban...

About Insolergy Technologies

Insolergy is a leading solar company in and offers turnkey solutions, reliable installations, operations and maintenance services. Insolergy has successfully installed solar PV plant for housing societies in India. https://www.insolergy.com/blog/residential-solar/solar-po... . The company has partnered with IDBI Bank Ltd. on pan-India basis, to assist eligible users to avail such loan, and has helped many happy customers realize their goal of adopting solar energy.