Generate Income and Go Sustainable by Renting Solar Panels with VEFES

As the world scouts for sustainable energy solutions, the solar power industry in India is gaining momentum among the masses. Renewable energy solutions have become an emerging trend with increasing technological advancements. With the changing times, more economies are finding efficient ways of producing and storing renewable energy to meet the rising energy demand of the existing world. In 2016, India set an ambitious goal of reaching 175 GW of renewable energy by 2022, and as of April 2022, it had 95 GW of operating solar and wind power. This implies a target slippage of about 51 GW. To achieve the targets fully, moving ahead with mass participation is necessary. Purchasing and Renting solar assets has become a more viable option for consumers and investors seeking an green alternate asset class that offers higher returns compared with Bank deposits. VEFES is one such innovative startup that offers a platform to be an esteemed owner of Solar Panels at just Rs. 30,000, with its State of the Art - Livania Solar Power Park located at Solapur in the state of Maharashtra.

VEFES, an AI-based Power Tech company is building an Energy Ecosystem of Panel Owners, Power Parks and Energy Consumers to ensure optimum power supply with minimum wastage of power. The Sustainable Energy Tech brand has strengthened its position in the renewable-sustainable energy space by partnering with Namitech to launch a 25 MW, 110 cr India's largest fractionally-owned solar power park. With the benefit of this power plant, VEFES aims to encourage investors to adopt a sustainable lifestyle while earning passive income and owning solar panels that enhance your portfolio.

While sharing his journey, Kaustubh Vagal, the Managing Director of VEFES says,

“For a sustainable future, solar panels have to be of the people, by the people and for the people. Thus, we are working round-the-clock to generate a carefree source of income and lead productive management of your solar panels.”

Low risk and stable return, digitally managed processes from paperwork to payment collection on a single digital interface, tax-saving by offsetting depreciation benefit on solar panels against other taxable income, and maintaining liquidity in terms of secondary sale marketplace are some of the key benefits one experiences while owning and renting solar panels through VEFES. Currently, the brand is launching 4000 panels for purchase in the upcoming 2 months while providing an attractive Early Bird Discount Offer & for further additional discount visit VEFES at MoneyExpo on 11th & 12th of August’ 22 - Booth No. 58 at Sahara Star Hotel, Mumbai.

VEFES intends to fill in the gaps and explains how to take advantage of the solar industry by generating your own solar energy. Parallel to the current 25 MW solar power park, Vefes is also working on multiple similar-size projects. They aim to reach a portfolio of 1GW of solar power parks in the coming few years.