Fibe Brings Rooftop Solar Financing To Spread Green Energy Access

Pune-based leading digital lending platform Fibe launched rooftop solar financing to bring green energy access across India. The company offers credit solutions for residential rooftop solar installations, and it plans to expand its presence in Tier 2 and Tier 3 cities.  Through this initiative, Fibe aims to support an ongoing goal to improve credit access for underserved segments. As one of the digital lenders empanelled on the Jan Samarth Portal, Fibe offers to bridge to the affordability gap in the rooftop solar ecosystem.

While most financing solutions in the sector focus on large-scale or commercial installations, Fibe’s product caters to middle-income households and the residential segment. The company offers customers collateral-free loans of up to ₹5 lakh, with 100% of the project cost covered, including both panel and installation expenses. Through its offering, the company provides a digital application process to ensure quick access to credit in less than 15 minutes and without paperwork. It claims to offer offer complete transparency and flexibility to borrowers with no foreclosures or hidden charges.

Criterion

The financing is open to salaried individuals aged 19–60 and self-employed individuals aged 23–65. Notably, even if the loan applicant is not the property owner, blood relatives can apply for the loan, provided they meet the eligibility criteria, broadening access to those living in shared or family-owned properties.

“Upfront affordability has remained one of the biggest hurdles for rooftop solar adoption, especially among middle-income households in smaller cities. With this solution, we are unlocking access to clean energy for those who need it most. Our offering supports the government’s mission to power 1 crore homes with solar, and we are proud to play our part in enabling a more inclusive and sustainable future for Bharat.” Said Akshay Mehrotra, Co-founder & CEO, Fibe.

Fibe has reached pan-India and has partnered with more than 100 solar installation EPC companies. The company is focused on expanding its presence in Tier 2 and 3 markets, with ongoing efforts to deepen distribution through partnerships with solar manufacturers and service providers.