Company Research Report: ONergy Solar

Company Overview

• Name: ONergy Solar (Punam Energy Pvt. Ltd.)

• Mission: To make solar energy affordable and accessible to all with a focus on reducing energy costs by providing design, engineering, manufacturing, installation, O&M, and solar consultancy services.

• Founded: 2009

• Founders: Piyush Jaju (CEO & Co-founder), Shweta Jaju (Director & Co-founder)

• Key People:

• Piyush Jaju: CEO & Co-founder

• Rishabh Mundra: Director

• Shweta Jaju: Director & Co-founder

• Antara Dey Bhowmik: AGM Operations

• Broja Gopal: AGM Finance

• Elizabeth Antick: Sr Exec - HR

• MD Tariq Imtiaz: Sr Manager - Technical

• Ranajit Das: Manager - Purchase

• Headquarters: 1A, D. L. Khan Road, Jaju Bhawan, Kolkata – 700027, India

• Number of Employees: Approximately 100

• Revenue: No information is available

• Company Known For: ONergy Solar is known for promoting decentralized solar solutions over the last 14 years, providing end-to-end solar solutions, and earning multiple awards and recognition. The company is praised for its affordability, innovative technology, and business models, as well as its strong after-sales service network.

Products

1. Solar Rooftop & Powerplant

• Description: Market leaders in solar rooftop systems, focusing on reducing electricity costs through different models such as Capex (Asset Ownership) and Opex (Zero Investment).

• Key Features:

• Long life of 30 years

• Attractive payback period of 3.5 years

• Durability and affordability

• Offers financing through partnerships with banks and NBFCs

• Subsidy availability for non-commercial setups

2. Solar Water Pumps

• Description: Provides solar water pumps for agriculture, drinking water supply, and sanitation. Known for being the best solar pump manufacturer in India.

• Key Features:

• Payback in 3-5 years

• No recurring energy costs

• Panel life over 25 years

• Remote monitoring

• Minimal maintenance

• Free power post bank loan repayment

3. Solar Lighting

• Description: A leading manufacturer of solar street lights, offering a range from 7W to 100W with innovative features.

• Key Features:

• Anti-theft features

• Dimming options

• High lumen and long-life LEDs

• Automatic ON/OFF functionality

• Various battery options available

Recent Developments

• New Developments and Projects:

• ONergy Solar recently commissioned a 60KW project for Airports Authority of India and a 55KW project for the Directorate General of Lighthouses & Lightships in Odisha.

• Solarisation of over 200+ schools and colleges as part of the ONergising Educational Institutions program.

• Partnerships:

• Partnership with International Finance Corporation (IFC) to promote solar lighting solutions in Odisha and Assam.

• Media Features and Awards:

• Wide media coverage with case studies published in Harvard Business Review, and developed by leading institutions such as IIM Calcutta, IIFT, and Yale University.

• Bagging multiple multi-megawatt rooftop allocations from SECI, MEDA, and JREDA.

• Programs and Seminars:

• Conducted seminars for awareness of the Solar Rooftop Subsidy Programme.

• Active participation in international conferences and panels, including New York's BCTA Annual Forum.

No additional commentary is present, as the report encapsulates all available information specified in the data provided.