Oakridge has signed agreements to solarize Delhi schools with the Delhi government and the Kendriya Vidyalaya Sangathan.

Oakridge Energy, a solar company, announced on Tuesday that it has signed agreements to solarize schools in Delhi with the Delhi government and the Kendriya Vidyalaya Sangathan.

Oakridge Energy said in a statement that it hopes to solarize 1,000 organisations by 2022.

“Oakridge Energy has partnered with Kendriya Vidyalaya and the Delhi government to solarize Delhi schools,” the company announced.

The company also stated that it has solarized over 15 Department of Education schools in Delhi this year, as well as the recently commissioned largest solar power project in Delhi University at Lady Irwin College, which is 217 KW.

Solar panels installed at educational institutions will not only help them become energy independent, but they will also save money on their electricity bills and generate additional revenue from the selling of surplus power to utilities.

According to the release, the project is being developed by the company and is being funded by the Government of India’s capital subsidy scheme for government buildings, which the Delhi government is using to solarize its schools.

“By 2022, our aim is to solarize 1,000 schools and educational institutions,” said Oakridge Energy CEO Shravan Sampath. “This will provide schools with access to clean and renewable solar energy while also providing them with reduced electricity bills in a post-COVID phase when they are looking for cost savings.”