SundayGrids

Today, if you are interested in installing some solar panels but don't have the roof space necessary because you live in an apartment or a rented house, there's no solution. Despite the subsidies, only about 10% of urban households have rooftop solar. That means many people are conscious about being sustainable but can't do anything. SundayGrids is taking an interesting approach to solve this problem. They setup solar power plants in other locations and allow people to reserve a part of the capacity in the plant. This generates credits, which can be used to reduce the power bill, even though the plant is in a different place. They are now live across India. Various governments are now coming up with regulations to encourage third-party solar models. I think this is a cool way to make solar accessible to the masses. We've invested in SundayGrids through Rainmatter by Zerodha. Here's the founder talking about why they started and how the model works(In comments).

Many Indians wouldn’t want to invest in solar power in households owing to the long-term investment and maintenance needed while they’re constantly migrating. A community solar might be the step towards solving this. Mathew Samuel, co-founder of SundayGrids discusses this and more on The Climate Conversations with Hansi Mehrotra. Watch the full conversation on the Rainmatter YouTube channel. Link in comments.

Hey everyone👋, we are thrilled to introduce a new project; Soho•195! Its the first community solar project in Andhra Pradesh and delivers clean power to the campus of Centurion University, an institution with grade ‘A’ accredition from NAAC that is known for its ‘skill based higher education’. Every unit (kWh) from this 195 KW ground mounted project discounts ₹5.2 off your power bill☀️ Soho•195 also sets the mark in being the first ‘operator-managed’ project; built and managed by Greenlit Energy Systems. By enabling these well-renowned operators to connect their digital solar projects, we aim to bring the best of both worlds for users; larger projects with better operational efficiencies, while also providing a significant ground presence as well as great relationship with hosts to ensure maximum performance upkeep and turnaround time. ✨ To learn more about operator-managed projects and reserve from Soho•195, find the link in the comments below.