"This is the opportunity of a lifetime," Shreya Mishra, co-founder and chief executive of SolarSquare, told TechCrunch in an interview. "It's not just an industry that's growing superfast - it's where profit and purpose align."
"If we promise you'll get 5,000 units of electricity from solar but you end up getting only 4,000 units, we will pay you back for the balance 1,000 units," Mishra said. "This makes solar like a fixed deposit for customers because return on investment is guaranteed."
"Two years back, people only had textbook knowledge - they learned in school that solar is something good," Mishra said. "They didn't know how much it cost, they didn't know about government subsidies, they didn't know that the payback period is literally 4 to 5 years."
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