Oakridge Rooftops

Oakridge Energy Private Limited operates as an end-to-end energy services company in India, focusing on the renewable sector since its establishment in 2012. The company was founded by Shravan Sampath, who serves as the CEO. Mr. Sampath, an alumnus of IIM Lucknow with a background in engineering, leveraged his prior experience in the energy sector with companies like IBM and Reliance Power to build Oakridge. His professional journey reflects a deep engagement with India's power sector, including the development of large-scale thermal and renewable energy assets.

The firm primarily targets the commercial and industrial (C&I), government, and residential markets with its services. Its business model revolves around providing turnkey solar solutions, which encompass regulatory clearances, subsidy disbursement, design, procurement, and implementation. Oakridge generates revenue through the development and installation of solar power projects, offering both onsite and offsite clean energy solutions. A key aspect of their strategy includes offering financing options to clients, making solar adoption more accessible. In 2019, the company secured India's first line of credit for residential solar installations from the Dutch social impact fund Oikocredit, enabling payment plans for homeowners. Further diversifying its funding, Oakridge raised capital in 2021 through a German crowdfunding platform, marking the first instance of an Indian rooftop solar company tapping into the European crowd-financing market.

Oakridge's service portfolio is comprehensive, covering the entire project lifecycle from land and transmission connectivity for renewable energy developers to project management, execution, and obtaining necessary permits. The company specializes in rooftop solar systems and has executed over 1,000 projects, with a significant concentration of over 400 in Delhi. Notable projects include installations for Amazon warehouses, the Airports Authority of India, Delhi University, and various government schools and hospitals. The company has also ventured into agrivoltaics, developing a 110kW solar plant at the Krishi Vigyan Kendra agricultural science center.

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