Business everywhere facing loss due to corona virus outbreak, however a few companies are still positive during this span of time. A solor energy business based solar energy startup MYSUN raises ₹32 crore and on a mission to raise ₹250 crore.
“As the energy landscape, as well as the overall economic landscape, is changing rapidly due to the recent global events, we foresee higher and higher demand for independent systems across the B2B and B2C consumer segments around the globe over the next many years,” said CEO: Gagan Vermani
Solar Industry Facing Loss But Not this Solar Energy Startup
MYSUN is expanding its footprints in world along with India, Middle East and Asia Pacific. Fund will help the company to boost the business during the covid-19 pandemic situation.
It has been expected the solar industry to bear the losses more than ₹16000 crore. Many solar energy companies in India halted their business for the time being. Solar Energy Startup company MYSUN is still positive for the demand in Industry.
CRISIL Quoted in a report “India sources ~80% of its solar modules from China, where trade has been impacted due to measures implemented to combat the spread of the virus,”
About MYSUN Solar Energy Business
MYSUN is a Delhi based rooftop solar company investing the funds to improve solar technology infrastructure in Indian market. Also planning to scale up solar solution business to serve larger customer portfolio.
CEO Gagan Vermani speculating due to overall economic situation the potential in solar business is quite positive. The company is foreseeing higher demands in B2B and B2C both segments in the markets. It is true that the renewable energy is becoming popular day by day. A time will come when we shift our most of energy demands to solar energy.
