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Orb Energy

Makes solar panels and sells rooftop solar to businesses

BengaluruFounded 2006Solar energyPrivateWebsite ↗
◎The short version11 key points
  • Orb Energy was founded in 2006 and makes solar panels at a plant in Bengaluru.The Hindu BusinessLine
  • It sells rooftop solar systems to factories, food processors, hospitals and hotels in India and Kenya.The Hindu BusinessLine
  • Customers can buy a system outright or use financing plans.The Hindu BusinessLine
  • Its Africa headquarters is in Nairobi.The Hindu BusinessLine
  • In October 2026 KawiSafi Ventures put $2 million into the East Africa business from its second fund.The Hindu BusinessLine
  • The money is kept only for Africa and should move pipeline projects from contracts into construction.The Hindu BusinessLine
  • About 15 MW of rooftop solar is already installed in East Africa.The Hindu BusinessLine
  • Damian Miller and NP Ramesh started the company; both earlier worked at Shell Solar.Orb Energy
  • In October 2019 Shell New Energies took close to 20% of the company.Orb Energy
  • In October 2022 the US development finance agency DFC gave a second $20 million loan, after an earlier $10 million loan, to fund customer financing.Orb Energy
  • By 2022 it had sold over 160,000 systems and employed about 250 people in India.Orb Energy
↗Timeline3 events
2019
Oct 2019

Shell New Energies bought about 20% stake

Orb Energy
2022
Oct 2022

Second $20M loan from US DFC

Orb Energy
2026
Oct 2026

$2M from KawiSafi Ventures for the East Africa business

The Hindu BusinessLine
₹Funding3 rounds
$20M$2M

Bar height shows relative size of each round.

Strategic investmentOct 2019
Undisclosed
Shell New Energies (about 20%); existing: FMO, Bamboo Capital Partners, Rianta Capital, Acumen, Pamiga
Orb Energy
Loan (second)Oct 2022
$20 million
US International Development Finance Corporation
Orb Energy
Investment in East Africa armOct 2026
$2 million
KawiSafi Ventures
The Hindu BusinessLine
▣Products2 items
Rooftop solar for businesses

Solar systems for factories, hospitals and hotels, bought outright or financed.

The Hindu BusinessLine
Solar panels

Made at its own plant in Bengaluru.

The Hindu BusinessLine
●People3 people
Damian Miller

CEO and co-founder. Ran Shell Solar operations in Asia and Africa 1998 to 2006; PhD from Cambridge.

Orb Energy
NP Ramesh

COO and co-founder. Managed Shell Solar India and Sri Lanka 1998 to 2006.

Orb Energy
Herre Hoekstra

Chairman.

Orb Energy

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