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Freyr Energy Announces Ambitious Plan to Solarize 20,000 Homes and 2,000 MSMEs in Maharashtra by 2030

Soniya Gupta

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Energy

Freyr Energy is promoting solar power in Maharashtra, aiming to solarize over 20,000 homes and 2,000 MSMEs by 2030. With over 1,000 projects and 13 MW installed capacity, the company has served clients like Saver Mouldings, Mazagaon Dock, MEDA, Indian Oil Corporation, and RM Chemicals. In a significant step toward accelerating India’s clean energy transition, Freyr has announced its ambitious plan to solarize 20,000 homes and 2,000 MSMEs in Maharashtra by 2030. This initiative is aligned with the state’s renewable goals and supports India’s broader net-zero emissions target by 2070.

Residential Solar Push

Freyr goal to solarize 20,000 homes comes at a time when more Indian households are exploring rooftop solar options to combat rising electricity costs. The initiative will target both urban and semi-urban residential segments, offering end-to-end solar solutions including site assessments, installations, financing, and after-sales service. This large-scale rollout will not only provide sustainable solutions but also contribute to reducing the carbon footprint of residential and commercial sectors in the state.

The company has previously implemented similar residential solar models and plans to replicate this model in cities such as Pune, Nashik, Nagpur, and Aurangabad. In a significant move to bolster India’s green energy drive, (Freyr Energy) has unveiled its mission to solarize 20,000 homes and 2,000 MSMEs in Maharashtra by 2030. This ambitious plan supports India’s broader sustainability goals and Maharashtra’s transition toward renewable power.

Empowering MSMEs with Solar

In addition to households, Freyr aims to solarize 2,000 Micro, Small, and Medium Enterprises (MSMEs) in Maharashtra. MSMEs form the backbone of India’s economy, yet many face high operational costs due to dependence. Freyr’s solar model for MSMEs includes customized solar panel installations, flexible financing schemes through partner NBFCs, and performance-based maintenance services. This move is expected to help small businesses lower their energy bills by up to 70% over time. (Solar Energy)

Financing and Digital Support

Freyr Energy leverages its proprietary app-based platform to simplify the entire solar buying journey—from system selection and loan approvals to live tracking of energy generation. In partnership with fintech and banking institutions, the company is offering zero-down payment EMI plans to ease affordability for customers. This digital-first approach is especially beneficial in Tier-2 and Tier-3 cities where access to technical solar expertise may be limited. Freyr’s mobile application and remote assistance are designed to make solar adoption as seamless as possible.

Alignment with State and National Targets

This initiative also supports Maharashtra’s renewable policy, which aims for 17 GW of solar capacity by 2025. By targeting 20,000 homes and 2,000 businesses, Freyr Energy is contributing directly to this vision while supporting India’s and PM-KUSUM scheme. Freyr Energy will target urban and semi-urban households in cities like Pune, Nashik, and Nagpur. Their offering includes complete solar rooftop systems with financing, remote monitoring, and servicing. As rooftop adoption rises, this project aligns well with India’s push for clean household energy

Conclusion

Freyr Maharashtra solarization plan represents a scalable and impactful approach to clean energy adoption. With technology, financing, and policy support aligned, the initiative holds the potential to empower thousands of homes and businesses while contributing to a greener Maharashtra. India’s MSME sector, often burdened by energy costs, will benefit significantly. Freyr plans to implement scalable solar systems designed to fit small manufacturing units, shops, and service providers.

Q1. What is Freyr Energy’s goal for Maharashtra by 2030?

Freyr Energy aims to solarize 20,000 homes and 2,000 MSMEs across the state.

Q2. How will households benefit from this initiative?

Homes will get affordable rooftop solar systems with financing and real-time monitoring support.

Q3. What support is available for MSMEs?

Freyr will offer tailored solar solutions to reduce power costs for small businesses and industries.

Q4. Is financial assistance or EMI available?

Yes, Freyr provides easy financing options including zero-cost EMIs via its digital platform.

Q5. How does this align with government programs?

The project supports national schemes like PM-KUSUM, Rooftop Solar Phase II, and Maharashtra’s renewable energy targets.