Vareyn Solar enters residential market, aligning with PM Suryodaya Yojana
Solar EPC company, Vareyn Solar, announced its foray into the residential sector, aiming to empower homeowners with clean energy solutions. This move aligns with the government’s ambitious PM Suryodaya Yojana, which seeks to install rooftop solar panels on millions of homes, reducing electricity bills and promoting clean energy access.
Vareyn Solar will initially focus on Jaipur, Rajasthan, and gradually expand pan-India. Their offerings will focus on affordability and accessibility, ensuring safety through chartered engineer certification and wind resistance up to 150 KMPH.
Vareyn Solar has partnered with SolarEdge, an Israeli leader in inverter solutions, to maximize energy generation and savings for homeowners. Their “solar edge + model” comes with a 5-year warranty for added peace of mind.
Recognizing India’s unique challenges, Vareyn Solar introduces an innovative “anti-monkey-damage cable management mechanism,” the first of its kind in the industry.
The company has partnered with Credit Fair, a Mumbai-based NBFC, to offer attractive financial terms exclusively to Vareyn Solar customers, facilitating adoption.
Vareyn Solar aims to achieve a turnover of INR 200 Crore with its Homes Division by FY25-26, targeting a 15% market share by 2025. They aim to deliver an unparalleled customer experience, guiding homeowners seamlessly through their solar journey.
Vareyn Solar’s initiative has the potential to significantly contribute to India’s clean energy goals by reducing dependence on fossil fuels, lowering electricity bills for homeowners, and creating green jobs. This announcement highlights the growing momentum of the residential solar market in India, driven by government initiatives, technological advancements, and increasing consumer awareness.