Renewable Energy Solutions for Businesses in India

The Energy Landscape is Evolving 

The ambitious target of 500 GW clean energy capacity by 2030 set by India reflects way more than just the government policy, it is a testament to the profound shift in the business energy thinking in the country. Commercial and industrial companies often face the concerns associated with the electricity costs that serve to be a significant portion of their overall operational costs. This financial pressure has transformed the landscape of smart energy solutions from being a forward-looking option to a competitive necessity.

What Makes Energy Solutions “Smart”?

Contemporary energy innovations blend cutting-edge technology with renewable sources to optimize power usage, decrease expenses, and enhance sustainability profiles. The economic equation has fundamentally changed—in India, solar power now costs just ₹2.5-3.5 per kilowatt-hour, whereas traditional coal-generated electricity ranges from ₹6-8 per kilowatt-hour.

Green Open Access

The renewable energy sector of the country has been consistently evolving and now can offer several opportunities through Green Open Access. Green Open Access refers to a kind of system that allows businesses to source clean energy directly from the producers through the grid. This solution is particularly ideal for the organizations that often lack the space for on-site installations and the ones who wish to avoid infrastructure development complexities.

Green Open Access Provides Several Distinct Advantages:

1. It helps businesses source power directly from renewable sources.

2. It helps to reduce the power costs and the dependency on fossil fuels for energy.  

3. There is always an option for customized contracts that allows businesses to get the deal that aligns with their specific business needs.

4. There is limited upfront capital requirements.

5. With the outsourcing of energy, regulatory clearances become a lot simpler and faster.

Why Make the Switch?

The research and experience of the brand Neufin in the industry have proved that the RE transitions have added value to the businesses and the country that are way beyond environmental benefits. Through our financing and procurement services, businesses achieve numerous advantages:
Real Cost Benefits with Measurable Returns

Industrial electricity tariffs in India rose by 30-40% between 2017 and 2022. Forward-thinking companies have countered these increases through renewable integration—Tata Motors’ 2MW rooftop solar system in Gujarat delivers annual savings of ₹30 lakh whilst reducing carbon emissions by 2,700 tonnes.

Staying Ahead of Regulatory Changes

Emerging policies such as the EU’s Carbon Border Adjustment Mechanism are reshaping global trade dynamics. For Indian enterprises exporting to European markets—especially in sectors like steel and aluminum, which represent over $2 billion in EU exports—renewable adoption has become both environmentally responsible and economically essential to avoid carbon-related tariffs.

Unlocking Green Financing Opportunities

The shift to renewable energy creates access to specialized financing instruments, including sustainability-linked loans. Consider Indorama Ventures, which secured $225 million in green financing by committing to specific energy efficiency targets—demonstrating how sustainability commitments can translate to tangible financial advantages.

Neufin’s Approach to Energy Transformation

Neufin makes the clean energy transition straightforward through solutions tailored to diverse business requirements:

Rooftop Solar – Generate electricity on your premises to reduce grid dependence and lower ongoing energy costs—a practical first step for many businesses.

Group Captive Projects – Collaborate with other organizations to invest in larger renewable installations, benefiting from scale economies and more predictable pricing structures.

Flexible Short-Term Options – Explore renewable procurement without long-term commitments through shorter-duration programs that allow testing before extended engagement.

Energy Storage Solutions – These enhance reliability and effectively manage demand peaks with integrated battery systems and are particularly valuable in regions with variable grid performance.

Grid-Based Procurement: This allows businesses to access renewable energy through existing infrastructure without installing on-site equipment. It is ideal for businesses with space constraints.

Building sustainable businesses: Renewable energy adoption has evolved, going beyond corporate responsibility. It has become a strategic imperative for many businesses. Neufin’s tech-centered approach helps companies reduce operational costs, navigate evolving regulations, and strengthen sustainability credentials.

By partnering with Neufin, businesses can confidently progress towards smarter energy management and position themselves better in an increasingly low-carbon economy. Together, we can build a more sustainable future for all.