BANGALORE, INDIA: Orb Energy, one of India's leading providers of solar energy solutions, was awarded first runner up in the NGO/SME category of the Zayed Future Energy Prize, winning a cash prize of $1 million.
One of the most prestigious global awards for renewable energy, the Zayed Future Energy Prize is awarded annually to large corporations, individuals, small businesses and non-governmental organizations that have made significant contributions to the future of energy.Orb Energy received this award in recognition of its efforts towards creating a significant impact on India’s energy landscape, by building a unique distribution model for solar energy that is helping to power Indian homes, enterprises, and entire villages.
The company began operations in India five years ago, and now has more than 100 branches covering five states, including Karnataka, Andhra, Tamil Nadu, Kerala and Maharashtra, with a work force of more than 550 people. Orb Energy has installed over 30,000 systems, and sees itself doubling this figure over the next two years.
Damian Miller, CEO of Orb Energy, said: “This award is a validation of our efforts towards reducing India’s energy crisis through the use of sustainable solar powered technology, especially in rural areas. Our approach is differentiated by our unique range of solar systems, and our ability to reach out directly to the Indian solar consumer – delivering a superior product and unparalleled after sales service. We plan to use the prize money to expand our base to 200 branches over the next 18 months, to help us better serve India’s growing energy requirements.”
“We congratulate the winners of the Zayed Future Energy Prize, and encourage them all to continue in their efforts towards the creation of innovative solutions – impacting communities around the world. These are the ambassadors of innovation, the ambassadors of our Prize – these are the people who spread hope and aspiration and encourage the next generation of innovators,” said His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi at the ceremony.