New Delhi, May 16 -- Solfin, a tech-first renewable energy finance platform with its own NBFC, has announced the successful disbursement of over Rs.100 crore in solar loans within just nine months of operations. This achievement follows a strategic Rs.100 crore investment from Waaree Sustainable Finance Pvt. Ltd., a subsidiary of the Waaree Group.

India's solar sector is experiencing rapid growth, driven by ambitious government targets and favorable policies. In 2024, the country's cumulative installed solar capacity reached 97.9 GW, with 24.5 GW added in a single year-more than doubling the previous year's growth. This surge in demand has highlighted the need for agile, tech-enabled financing solutions, a gap that Solfin is uniquely pos...