The empowering force of natural resources comes in both limited and unlimited forms. Limited energy sources are also responsible for the emission of greenhouse gases, pollution, hazardous substances, chemicals, and poisonous vapors.
It also mentions the role of society, industry, corporations, and the global United Nations in taking immediate actions to guide civilization towards a path of zero carbon emissions. This aligns with international efforts to combat cliMatgrowe change, such as the Paris Agreement.
Matgrow Renewables is portrayed as a company or organization at the forefront of this movement, presumably dedicated to providing lasting and sustainable power solutions that align with the principles of environmental sustainability and reducing carbon emissions. This reflects the growing importance of sustainability and environmental consciousness in today’s world, as we strive to address the challenges posed by cliMatgrowe change.
The Force of Nature
Matgrow Renewables is dedicated to revolutionizing the way we perceive and utilize solar energy solutions. Under the leadership of CEO & Director – Ashish Goswami, the company focuses on harnessing the power of nature to provide sustainable energy alternatives. Here are the key points highlighted:
Sustainability Focus: Matgrow Renewables has a strong emphasis on harnessing natural resources for sustainable energy alternatives, particularly solar energy. This reflects a commitment to reducing reliance on fossil fuels, which contribute to environmental degradation and cliMatgrowe change.
Leadership and Vision: The Director, Ashish Goswami, is championing this mission and understands the urgent need for transitioning to renewable energy sources. His leadership indicates a strong commitment to this cause.
Innovation and Environment: The company is dedicated to developing innovative and environmentally friendly solutions. This suggests a proactive approach to creating new, more sustainable technologies in the energy sector.
Affordability: In addition to environmental concerns, Matgrow Renewables is also committed to making sustainable power solutions affordable. This indicates a concern for accessibility and the economic feasibility of renewable energy technologies.
Client-Centric Approach: The company takes a customer-focused approach, ensuring that clients have access to easily accessible, affordable, and long-term, cost-effective financial solutions. The mention of providing collateral-free loans with manageable EMIs is a noteworthy example of their commitment to addressing clients’ needs and concerns.
Erasing the Pain Points
Matgrow Renewables are addressing a key issue in the adoption of solar power, which is the financial aspect. The statement highlights several important points:
Challenges in Financing Solar Projects: Financial institutions often hesitate to lend money for solar projects due to concerns about repayment under both the CAPEX (Capital Expenditure) and RESCO (Renewable Energy Service Company) models. These models typically require substantial upfront capital investment and long-term power purchase agreements.
Limitations of Existing Models: According to Ashish, traditional service providers typically offer only PPA (Power Purchase Agreement) or CAPEX models, which may have limitations for both parties involved, possibly hindering the widespread adoption of solar power.
Unique Solar Deployment Models: Matgrow Renewables stands out by offering a variety of unique solar deployment models, such as Opex (Operating Expense), Capex, Deferred Capex, and more. This flexibility provides clients with a range of options that can better suit their financial capabilities and objectives.
Deferred Capex Model: The Deferred Capex model is presented as a key differentiator in the solar EPC (Engineering, Procurement, and Construction) market. This model allows consumers to own the solar asset from the day of commissioning, enabling them to access tax and statutory benefits while Matgrow takes care of power generation risk. This innovative approach can make solar projects more accessible and attractive to potential clients.
Focal Parameters
Matgrow Renewables has been conscientious about its product offering since its inception. With European developers on board, each product the firm delivers is now subjected to stringent checkpoints, ensuring the product’s longevity and quality. Ashish says that their sole focus has been on maintaining the quality parameters of their products. “We can proudly say that Quality is a synonymous to brand Matgrow.”
To provide complete assurance on the quality front, Matgrow always used only Tier-1 Global products which are as per the Bloomberg New Energy Finance and Ministry of New and Renewable Energy
In addition, Matgrow take the risk of less or No-generation during the loan term which makes the entire investment risk free for the consumer. The Matgrow team is constantly striving to ensure the quality of its systems by utilizing the best technologies and components available. The company’s qualified vendors provide that only established processes are followed consistently and that extensive testing methodologies are used.
Team MATGROW’s Growing Family
MATGROW’s team has been an X-factor in the company’s growth in the Indian market. Each team, from management to sales and technical, has extensive industry knowledge, allowing them to provide the most refined assistance to clients.
To begin, MATGROW’s management team has ten years of experience in the solar EPC market. MATGROW’s sales lead has more than a decade of domain knowledge. Aside from these, the pan-India regional sales team brings extensive knowledge, training, and experience to provide the best solution at the most competitive price.
MATGROW has diligently responded to its clients’ inquiries as a customer-focused organization. The company now has a dedicated 24×7 customer support team. Regarding after-sales support, MATGROW is deploying a dedicated technical team to ensure on-time rectification and minimal downtime.
“With a dedicated team of qualified personnel, Matgrow strives to provide an unrivalled experience to its clients. Ashish adds, “Our expert team provides end-to-end assistance, resulting in maximum productivity.”
A Journey of Solar Flares
Matgrow Renewables, founded in 2020, is a group of Active Engineers, a company with over two decades of experience in PCC, MCC & HT panel manufacturing. MATGROW was established to provide specialized services to the solar industry. Since its inception, the team has been committed to introducing new models, such as Deferred Capex, to meet the industry’s ongoing challenges. The company has also added several Strategic partners who can provide its clients with the funds they need to deploy solar power systems.
The firm’s customer-centric approach has also resulted in massive growth over the last three years. Since its inception, the company has firmly established itself in the pan-India market. Reflecting on their journey, Ashish shares that they began with a project of 250KWp and now have a portfolio of around 100MWp by end of 2023. They work across India, with projects in Gujarat, Rajasthan, Delhi NCR and Maharashtra. The firm’s annual turnover has also increased drastically, from eight lakhs in the first fiscal year to one fifty crores in the current year.
Light Speed Expansion
The company hopes to further establish itself in the solar EPC market in the coming days. Ashish goes on to say that they prefer to provide all of their clients’ needs at once. Whether rooftop or ground mounted, the Matgrow team ensures its clients receive the best and most dependable service possible.
Matgrow Renewables offers its clients various solar panel installation services, including Ground Mounted Solar, Rooftop, Carport, and more. Furthermore, the Matgrow Renewables team strives to provide a comprehensive Operation & Maintenance solution that addresses the client’s concerns.
MATGROW excels in providing all services under one roof, from project design to development and installation and post-installation service.
Matgrow Renewables also assists with various financial models and ensures its clients receive the best and most refined service from pin to plane.
“Our constant focus has also been on providing cost savings to our clients. As a result, we’ve introduced new investment models,” Ashish concludes. In a nutshell, Matgrow Renewables looks forward to being a force to reckon with in the solar EPC industry.
