Organizations in the Program
FREYR ENERGY SERVICES PRIVATE LIMITED (FREYR)
Freyr provides turnkey solutions for distributed solar systems ranging from 1 kW to 1,000 kW. It operates primarily through two product lines: 1) rooftop systems (including fuel stations and solar water pumps) and 2) microgrids. The company is creating an extensive channel partner network that uses its proprietary mobile application called SunProTM. The channel partners select a solar product and the application integrates key functions, eliminating non-productive layers, increasing margins in the value chain and reducing sales cycle time. Freyr is thus able to scale rapidly across geographies
Achieved
As on date, Freyr, has completed 900+ rooftop installations across 16 states and 100+ microgrid systems through government contracts; a total of 6000 kW of installed capacity. Based on a recent impact study, for every investment of USD 1, Freyr’s impact is USD 5.
Growth Plan
Freyr plans to reach 1000+ rooftop installations, electrify 450+ villages and execute power purchase agreement projects with close to 6 MW installed capacity.
Key Team Members
Saurabh Marda (Cofounder, Managing Director)
Radhika Choudary (Cofounder)
Head Quarters
Hyderabad, Telangana