ZunRoof, solar startup based in Gurugram, is contributing up to 15% of all the solar net meters installed in Delhi

GURUGRAM, India, March 9, 2021 /PRNewswire/ -- Out of the 1805 solar net meters installed in Delhi, ZunRoof has installed more than 300 solar net meters, claiming the top spot as an individual contributor to the residential adoption in Delhi NCR region.

Till date, BSES discoms have installed over 3,000 rooftop solar net metering connections with a connected solar load of 106 MWP (Megawatt peak). An analysis of the data shows that the highest number of rooftop solar net metering connections are in the domestic segment (1,805), showed the data.

ZunRoof is the leading solar energy startup in India. It is creating waves by focusing on the residential solar segment by providing best on-grid solar solutions.

Along with the lion's share of ZunRoof in Delhi NCR region, the four-year-old startup is expanding in other geographies rapidly. ZunRoof has already helped 1000 households in Gujarat to go solar by installing 1000 solar rooftops in Ahmedabad, Surat and Vadodara.

Solar segment is widely divided in commercial, residential and industrial scales where the sizes and complexities of projects vary a lot. Residential solar segment is especially tough to penetrate given the individual customer's need to be educated about the solar setup and feasibility of having a solar energy harnessing unit on the rooftops.

BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) have been aggressively promoting rooftop solar in South, West, East and Central Delhi. According to the latest data from BSES DISCOMs, over 1805 out of 3000 rooftop solar net metering connections have been set up in the residential segment in the Delhi NCR region which amounts to nearly 23MWp of energy load created purely at the households of the capital.

Pranesh Chaudhary, founder of ZunRoof said: "Potential of the residential solar energy segment is immense and we are observing great satisfaction from our solar households who have been using solar rooftops to save money on their electricity bills. But the common customer needs to be educated about the benefits of solar energy emphasizing the ease of adoption and immediate monetary savings achieved by installing solar rooftops."

About ZunRoof

ZunRoof was started by two IITians, Pranesh Chaudhary and Sushant Sachan, who had the dream to make every Indian home solar in 2016. Today, ZunRoof has installed 4500 solar rooftops across 75 cities of India and is determined to grow the whole residential solar market by educating the customers about the benefits of solar rooftops.

For more information, please visit our webpage, www.zunroof.com or follow us on our Social Media Handles
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Solar Rooftops designed by Image Processing, VR and Data Analytics are Saving 100% Electricity Bills of Delhi Residents

In India, Solar power is a fast developing industry. Report says that the country's solar installed capacity reached 28.18 GW as of 31 March 2019. Initially the Indian government had a target of 20 GW for 2022, which was achieved four years in advance.

In 2015, the target was raised to 100 GW of solar capacity, including 40 GW from rooftop solar by 2022, targeting an investment of US$100 billion. So this is going to be our future and Solar is here to stay, in the welfare of the common man, who is ready to go Solar. According to a report, rooftop solar power accounts for 3.4 GW, of which 70% is industrial or commercial.In addition to its large-scale grid-connected solar photovoltaic (PV) initiative, India is developing off-grid solar power for local energy needs. Solar products have increasingly helped to meet rural needs also such as solar lantern sand solar cookers.

ZunRoof,a solar tech startup, started its journey two years ago, and now it has the highest of residential rooftop installations in India.With more than 1 Lakh happy clients, ZunRoof is the largest solar rooftop company for homes and small businesses in India.

Considering each Indian roof is unique, Gurgaon-headquartered ZunRoof creates aesthetically attractive solar rooftop designs by a mix of Image Processing, VR and Data Analytics. ZunRoof also provides IOT-based remote monitoring system that gives real time updates about solar energy production and lifetime customer support. Going Solar with ZunRoof can help you save up to 100% in your electricity bill. It happened with Delhi residents like Chetan Khera, Rohin Marker, and Shashi Kiran Singh Puri. All three residents’ homes are located in an area that has sufficient power supply but they were incurring expensive electricity bills.

ZunRoof recommended them to install a Grid Tied-solar system at their homes, depending on the need. As we see, Delhi receives substantial amount of sunlight in summer,ZunRoof suggested them to invest in solar power to reduce electricity bills to a maximum as the net metering and subsidy given by the government make solar power a very cost effective and affordable solution for one and all.

Rohin Marker installed 5kW ZunRoof solar system at his home in Delhi which helped him go green and save money. As a result of the substantial savings in electricity bills, the DISCOM provider has offered to reduce his sanctioned load from 11kW to 7 kW.Almost same experiences were shared by Chetan Khera and Shashi Kiran Singh Puri too. While Chetan Khera went with 5kW system size, and got zero electricity Bill, the installation of 10kW system size at the house of Shashi Kiran Singh Puri, helped him to resolve his problem of high electricity bill, now the energy consumption at his house has a negative bill, which means he is making monthly income by selling excess electricity back to the main grid. ZunRoof has provided an incredible energy and cost efficient option to them. It saves their money and also provides power backup during power cuts.

ZunRoof ensures that clients remain happy with a client ticketing system.Clients get sustained rooftop output and real-time savings from solar on the App through IOT based diagnostics and maintenance alerts. ZunRoof offers the best prices and the right quality options to the customers through multiple installer partners in Delhi (NCR), and it designs the optimum solution for the customer’s requirements in an extremely transparent way.

In April, ZunRoof had raised funding of $1.2 million from Godrej family office. The solar startup is also backed by Ramakant Sharma, Founder of Livspace, an online home interior design and renovation platform, and Arun Diaz of Venture debt firm IntelleGrow.

Solar Tech Startup ZunRoof Raises $1.2 Mn from Godrej family office

Gurgaon headquartered ZunRoof, a solar tech startup, has raised a fresh round of pre-series A funding of $1.2 million from Godrej family office.

ZunRoof, which has designed solar rooftops for over 10,000 residential houses, plans to use the funds raised in its expansion and further strengthen its product portfolio.

With this round, the startup has raised a total of about $1.5 million in funding over four rounds. The startup last raised funds in January when it receives an undisclosed capital in its 3rd round of angel funding from angel investors including Ramakant Sharma, Founder of Livspace and Arun Diaz of IntelleGrow along with the lead investors of ZunRoof's previous round.

The ZunrRoof funding comes within a week after an another rooftop solar PV startup, CleanMax Solar, raised $39 million in funding from the United Kingdom (UK) Climate Investments LLP (UKCI), which is a joint venture between the Green Investment Group and the U.K. Government’s Department for Business, Energy and Industrial Strategy.

Launched in 2016, ZunRoof designs and delivers the right Solar PhotoVoltaic (PV) solution for urban home owners in Delhi (NCR). It installs solar PV systems on rooftops to produce and sell electricity to the grid. The company uses computer vision, AI (artificial intelligence) and VR (virtual reality) to streamline the solar rooftop installation and maintenance for homeowners.

The startup claims to be contributing to the government's target of achieving 40 Gw of rooftop solar power by 2022.

"Our pre-series A and backing from Pirojsha Godrej comes at the perfect time - allows us to hire and retain great talent, scale solar rooftop operations across India and launch our home-IOT products. We are already market leaders for residential solar rooftops in more than 40 cities and aim to build on this lead to bring smart and clean energy choices to every home in India," Pranesh Chaudhary, founder & chief executive officer of ZunRoof said on the fourth round of funding.

The home tech startup serves customers in more than 40 cities, including Delhi-NCR region, Bengaluru, Chennai, Chandigarh, Lucknow, Kanpur, Agra, Jaipur, Haridwar, Ludhiana, and Jalandhar.

"We are delighted to support ZunRoof's exciting plans in the home IOT (internet of things) and solar rooftop spaces. The founders' exciting vision combined with the passion, knowledge and the leadership they've demonstrated in the space makes us very excited to be a part of their journey," said Pirojsha Godrej, Executive Chairman, Godrej Properties.

Zunroof has developed proprietary tools, which help it to come up with accurate size and design of the system as well as all techno-economic feasibility metrics of the roof within minutes.

According to Mercom India Research’s Q4 and Annual 2018 India Solar Market update, Rooftop solar had an impressive year in 2018 growing by 66%. While the Indian solar market installed 8,263 MW in CY 2018, down 15.5% compared to 9,782 MW in CY 2017 as the safeguard duty, GST issues, and land and transmission issues took a toll on the large-scale installations.

Via ~ Business Standard

Top Image - Walmart.com

Gurgaon-based Rooftop Focused Solar Startup Zunroof Raises ₹1.66 Crore in Angel Funding

Gurgaon-based ZunRoof, a rooftop focused solar startup, has raised a second round of angel funding of Rs 1.66 crore ($0.25mn) from i3N (led by Pradeep Tharakan, Sr. Energy Specialist at ADB and Vismay Sharma, MD, L'Oreal, UK & Ireland), Paipal Ventures’ Ajith Pai, Gaurav Gupta, Asia Director, Dalbergr and a bunch of IIT Kharagpur alumni based in US.

THe startup will use the freshly raised capital in bolstering and scaling up its tech, specially the IOT-based sense and monitoring devices that the startup has developed this year only.

Founded in 2016 by IIT alumni Pranesh Chaudhary ans Sushant Sachan, ZunRoof is a clean-tech company, using a mix of image processing, virtual reality, internet of things and data analytics. It uses using un-utilised rooftops for solar power.

Earlier, the startup had raised an undisclosed first round in December 2016 from executives from Facebook, Morgan Stanley and FICO.

ZunRoof claims to have served 60,000+ clients in North India and has 400+ successful solar rooftop PV sites installed across Delhi, Gurgaon, Noida, Chandigarh, Mohali, Agra, Jaipur, Faridabad, Ghaziabad, Lucknow, Greater Noida, Panchkula, Haridwar, Ludhiana and Haldwani.

Pranesh Chaudhary, CEO, ZunRoof said that the company currently has over 2500 paying clients. “Our sales run rate is ~ USD 6 Mn and the funds raised will be deployed to triple this within 12 months, with a positive unit economics,” said Chaudhary.

Zunroofs also claims that it has the highest number of rooftop installations in ten of the largest cities in North India and was on track to having the highest number of installations across India by September this year. After launching its solar rooftop app, the process of getting a rooftop system has been significantly shortened from the three-four months it would take earlier.

Earlier this month, Hyderabad-based solar energy solution startup Fourth Partner Energy raised $70 million in Series B funding from The Rise Fund, a global impact investment fund managed by TPG Growth.

In April, an another Gurgaon headquartered firm ReNew Power acquired of Delhi-based solar energy sartup Ostro Energy Private Limited for whopping $1.5 billion, to create the India’s largest clean energy firm by installed capacity.

Via - Economic Times

Gurgaon-based Rooftop Focused Solar Startup Zunroof Raises ₹1.66 Crore in Angel Funding

Gurgaon-based ZunRoof, a rooftop focused solar startup, has raised a second round of angel funding of Rs 1.66 crore ($0.25mn) from i3N (led by Pradeep Tharakan, Sr. Energy Specialist at ADB and Vismay Sharma, MD, L'Oreal, UK & Ireland), Paipal Ventures’ Ajith Pai, Gaurav Gupta, Asia Director, Dalbergr and a bunch of IIT Kharagpur alumni based in US.

THe startup will use the freshly raised capital in bolstering and scaling up its tech, specially the IOT-based sense and monitoring devices that the startup has developed this year only.

Founded in 2016 by IIT alumni Pranesh Chaudhary ans Sushant Sachan, ZunRoof is a clean-tech company, using a mix of image processing, virtual reality, internet of things and data analytics. It uses using un-utilised rooftops for solar power.

Earlier, the startup had raised an undisclosed first round in December 2016 from executives from Facebook, Morgan Stanley and FICO.

ZunRoof claims to have served 60,000+ clients in North India and has 400+ successful solar rooftop PV sites installed across Delhi, Gurgaon, Noida, Chandigarh, Mohali, Agra, Jaipur, Faridabad, Ghaziabad, Lucknow, Greater Noida, Panchkula, Haridwar, Ludhiana and Haldwani.

Pranesh Chaudhary, CEO, ZunRoof said that the company currently has over 2500 paying clients. “Our sales run rate is ~ USD 6 Mn and the funds raised will be deployed to triple this within 12 months, with a positive unit economics,” said Chaudhary.

Zunroofs also claims that it has the highest number of rooftop installations in ten of the largest cities in North India and was on track to having the highest number of installations across India by September this year. After launching its solar rooftop app, the process of getting a rooftop system has been significantly shortened from the three-four months it would take earlier.

Earlier this month, Hyderabad-based solar energy solution startup Fourth Partner Energy raised $70 million in Series B funding from The Rise Fund, a global impact investment fund managed by TPG Growth.

In April, an another Gurgaon headquartered firm ReNew Power acquired of Delhi-based solar energy sartup Ostro Energy Private Limited for whopping $1.5 billion, to create the India’s largest clean energy firm by installed capacity.

Via - Economic Times