New Delhi, May 26 (PTI) Non banking financial company (NBFC) Ecofy on Friday said it has partnered with Tata Power to provide affordable rooftop solar financing.

The partnership will help in financing solar solutions like solar rooftops, EPC services, and other innovative solar products for new-age customers that are consciously adopting sustainable and natural modes of energy, Ecofy said in a statement.

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"The current capacity of rooftop solar stands at approximately 9 GW and is projected to grow at a 15 per cent CAGR over the next 5 years," Govind Sankaranarayanan, Co-Founder and COO of Ecofy, said.

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*** Gautam Solar looks to double solar module capacity to 1 GW by Sept * Gautam Solar on Friday said it is looking to double its solar module capacity to 1 GW by September 2023. In a statement, the company said its current production capacity is 500 MW. "We are...expanding our solar module manufacturing capacity to 1 GW and to manufacture the high-efficiency N-Type TOPCon solar modules, keeping in mind the growing market for solar modules, not only in India but globally as well," Gautam Mohanka, CEO of Gautam Solar, said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)