News and Press

Recent Announcements

SolarTown Installs First Net-Metered Solar PV Rooftop System at Historic Bombay Presidency Radio Club

MUMBAI – August 24, 2016 - SolarTown announces the installation of a 41 kW net-metered solar rooftop system at the historic Bombay Presidency Radio Club, one of Mumbai’s oldest clubs. The Bombay Presidency Radio Club is the first radio station in Mumbai to have a net-metered solar PV system installed on its building. The Radio Club is estimated to save more than ₹8,40,000 annually from its new solar system.

Indian Solar Rooftop Developer, SolarTown, Raises Early-Stage Funding

MUMBAI – May 11, 2016 – SolarTown Energy Solutions Pvt. Ltd. (SolarTown), a pioneer in India’s solar industry specializing in the sale, lease and installation of solar rooftop systems for residential, commercial and industrial customers, is pleased to announce that it has raised early stage funding from GREX and is on pace to close its Series A round. SolarTown has experienced tremendous growth largely due to its successful zero-down lease model for residential and small commercial customers in India. The funding comes as SolarTown begins to accelerate expansion into new geographic markets across India.   Installation of rooftop solar, which...
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Residential Solar Rooftop System by SolarTown to Generate about Rs.4 Lakhs in Electricity Savings Over 20 Year Lease Period

HYDERABAD – December 29, 2015 – SolarTown is pleased to announce the installation of a solar rooftop system on a 2,400 square foot multi-level residential property located in Filmnagar, Hyderabad that is estimated to save the homeowner about Rs.4 lakhs over the 20 year lease period. The solar system is part of a first-of-its-kind residential lease program in India by SolarTown with zero up-front costs and fixed monthly rates lower than DISCOMs, shielding homeowners against increasing electricity prices, with a 17 percent savings starting on day one.

Media Inquiries

Mercom Communications India
Priyadarshini Sanjay
Managing Director

solartown@mercomcapital.com
tel: 080. 23560436

Events

Come visit us at these upcoming events:

Power On

January 6-7, 2017
Whitefield, Bengaluru, Karnataka

Energy Storage India

January 12-13, 2017
Nehru Centre, Mumbai

EnerTech World Expo

March 3-5, 2017
Bombay Convention & Exhibition Centre, Mumbai, India