Freyr Energy aims to solarize 20,000 Homes and 2,000 MSMEs by 2030
Freyr Energy, a key player in India’s solar energy sector, has unveiled an ambitious plan to solarize over 20,000 homes and 2,000 micro, small, and medium enterprises (MSMEs) across Maharashtra by 2030, reinforcing its commitment to accelerating the state’s clean energy transition. Building on its track record of more than 1,000 successful solar installations and over 13 MW of installed capacity in Maharashtra, Freyr Energy is rapidly expanding its presence across the state.
A significant portion of this impact stems from the Commercial and Industrial (C&I) sector, where the company has installed over 7 MW of solar capacity. Notable clients include Savera Mouldings Pvt. Ltd. (916 kW), Mazagaon Dock (360 kW), MEDA (615 KW) Bahirat Estate (120 kW), Indian Oil Corporation Limited (177 kW), and RM Chemicals (300 kW). In smaller cities and towns such as Beed, Aurangabad, Satara, and Solapur Freyr Energy has completed collective installations exceeding 1 MW, showing its reach beyond urban centers. Pune has emerged as a key residential market for the company, with more than 200 rooftop installations and over 1.5 MW of installation capacity.
Maharashtra’s residential rooftop solar segment is witnessing new momentum, driven by a tech-enabled push to make clean energy adoption easier and more accessible for homeowners. At the heart of this shift is a proprietary digital platform that streamlines the entire solar journey—from consultation and system design to financing, installation, and post-installation support. The app-based model offers a one-stop, transparent solution that empowers users to transition to solar with greater confidence and convenience.
To solarize 7,000 homes in the state by December 2025, the company behind the initiative is also removing financial roadblocks through zero-interest loan schemes and an accelerated digital loan evaluation process. This approach significantly lowers upfront costs, encouraging more households to make the switch to solar.
Radhika Choudary, Co-founder and Director, Freyr Energy said, “The Government of Maharashtra has laid out progressive policies to promote renewable energy, and our efforts align with these goals. More importantly, we’re helping customers get the highest returns for the lowest investment. In many ways, we’re setting new benchmarks—offering exceptional quality at an affordable price.”
The company’s long-term plans include supporting thousands of micro, small, and medium enterprises (MSMEs) in their transition to solar energy by 2030. With rising energy costs straining operational budgets, especially for smaller businesses, solar offers a cost-effective and sustainable alternative that supports both financial and environmental goals.
