SolarTown installs solar rooftop systems
SolarTown Energy Solutions Pvt Ltd (SolarTown), a pioneer in India’s solar industry specialising in the sale, lease and installation of solar rooftop systems for residential, commercial and industrial customers, announced the installation of solar rooftop systems at an initial 10 branches of RBL Bank, with more than 180 branch locations throughout India. RBL Bank is estimated to save Rs 146,000 annually by opting for solar PV rooftop systems at 10 of its sites. Each branch will feature a minimum 3 kW system which will offset a major part of the business’ energy consumption and more than 70 tonnes of carbon dioxide over the lifetime of the solar installation.
RBL Bank entered into a no upfront costs, 10-year lease agreement with SolarTown. The installations will enable an uninterrupted supply of clean power at a fixed cost over the length of the lease, which also includes maintenance services. SolarTown installed the rooftop solar power systems including inverters and batteries, as a backup for brownouts.